USDCAD Weekly MACD Trying to Positively Cross
The USDCAD rallied roughly 100 pips yesterday, bouncing off triangle/uptrend support (on the 4hr chart) and upchannel support (on the daily chart). Significantly, the USDCAD is forming its 5th straight green weekly candle, but will likely come up against a ceiling in the next day or so as defined by the former upchannel support (on the weekly chart)…Click here to read the full analysis of this market as well as on USDCHF, Natural Gas
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