USD/CAD Daily Technical Analysis – 20th January
The Pair USDCAD fighting 50 day-SMA before Upcoming Downside Correction USD/CAD Daily Technical Analysis The short-term outlook suggests that the USD/CAD pair attempted to break the 50-day SMA (orange line). The rejection at this resistance level is keeping the battle between USD/CAD and 50-day SMA alive. The RSI indicator at the 49.00 mark is giving …