Thursday, June 20, 2019
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Technical Analysis – USD/CAD bulls return into play

USD/CAD bulls return into play; remains beneath uptrend line. USD/CAD gained some ground after the aggressive sell-off towards the three-month low of 1.3240, penetrating the long-term ascending trend line to the downside. The technical indicators are feeding prospects for a possible positive short-term trading; the RSI is pointing up below 50, while the

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Technical Analysis – USD/CAD maintains a neutral-to-bullish bias

USD/CAD was trading not too far from yesterday’s one-week high of 1.3501 on Friday, having pulled back slightly. But momentum indicators suggest there is still some upside for the pair to advance again. The near-term bias is looking neutral-to-bullish as the RSI is flatlining above the 50-neutral level, while the stochastics are pointing north and

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