Canadian Dollar Outlook: USD/CAD Eyes Fib Resistance as Bulls Regain Upper Hand

USD/CAD’s technical signals have turned more positive after the pair recaptured its 200-day simple moving average and overtook a key rising trendline in play since June of last year.

Canadian Dollar Outlook: USD/CAD Eyes Fib Resistance as Bulls Regain Upper Hand
USD/CAD’s technical signals have turned more positive after the pair recaptured its 200-day simple moving average and overtook a key rising trendline in play since June of last year.