Русский
The (USDCAD) declined in its recent intraday trading, amid a complete dominance of the bearish trend and trading along a trend line on the short- term basis.
This decline comes with continued negative pressure, due to the trading below the EMA50.
The recent price drop followed an attempt to alleviate some of the clear oversold conditions indicated by the Relative Strength Index (RSI), especially with the emergence of positive signals. However, the price quickly resumed its decline, indicating the dominance of this negative trend.
