- USD/CAD remains sidelined between 21-DMA and 10-DMA, fades bounce off intraday low recently.
- Multiple Doji candlestick portrays the Loonie trader’s indecision near the lowest levels since September 2022.
- Bullish MACD signals, higher low formation suggest buyers flexing muscles.
- Sellers need validation from 1.3165; buyers may wait for 1.3340 breakout for conviction.
USD/CAD stays defensive for the fourth consecutive day around 1.3250 heading into Tuesday’s European session.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased