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USD/CAD Bounce Proves Unsustainable - Action Forex
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USD/CAD Bounce Proves Unsustainable - Action Forex
USDCAD retreats after short-lived recovery attempt. Long-term support trendline in focus as bears target April’s low of 1.3748. USDCAD has surrendered much of its May gains after repeated attempts to break above the 1.4000 mark faltered, pushing the pair back into negative territory this week. Adding to the pressure, Trump’s narrowly passed tax-cut bill in […] The post USD/CAD Bounce Proves Unsustainable appeared first on Action Forex.
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