The (USDCAD) price declined in its last intraday trading, attempting to look for a rising low to help it to gain the required bullish momentum for its recovery, amid the continuation of the dynamic pressure that represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside trendline, besides the emerging of positive crossover on the relative strength indicators, after reaching oversold levels, exaggeratedly compared by the price movement, which suggest the beginning of forming positive divergence.
Origin: Economies
