USDCAD has steeply gone down for last week and closed around 1.087 at the end of the week. CAD has been stronger against some major currencies such as AUD, USD, EUR or GBP. Trend and momentum of USDCAD and AUDCAD are better fitted relatively.The indicator implies USDCAD reached at bottom of both trend and momentum, and it could be reversed from early next week.
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