USDCAD Consolidates But Downside Tensions Remain

<p>USDCAD at this point seems it may prolong its sideways course, pursuing the 200-day simple moving average (SMA). The horizontal posture within the Ichimoku lines and the 200-day SMA further sponsor this view. The short-term oscillators further emphasize the pause in the market but lean towards a negative bias. The MACD, in the negative region […]</p>
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