USDCAD Struggles: Downtrend Deepening or Temporary Dip? USDCAD’s recent price action indicates continued weakness. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDCAD Stuck in Downtrend: Downside Trajectory in Focus: Signs of a Reversal? Trend Reversal or False Hope? Overall Sentiment: The technical outlook for USDCAD remains bearish in the short term. The price action below …
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