USDCAD Maintains Neutral-To-Bearish Bias Below SMAs

<p>USDCAD is trading not too far from the 20- and 40-day simple moving averages (SMAs), which are moving horizontally over the last sessions. The near-term bias is looking neutral-to-bearish as the RSI is flatlining marginally above the 50-neutral level, while the stochastics are pointing south and the %K and %D lines are ready for a […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/295478-usdcad-maintains-neutral-to-bearish-bias-below-smas/">USDCAD Maintains Neutral-To-Bearish Bias Below SMAs</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>