USDCAD Ticks Higher Near Falling Trend Line

<p>USDCAD is gaining some ground for the third consecutive day above the 20- and 40-day simple moving averages (SMAs), rebounding off the 33-month trough of 1.2585. The pair is flirting with the long-term falling trend line around the 1.2900 psychological level. According to the technical indicators, the stochastic is suggesting an overbought market as the […]</p>
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