USD/CAD Price Forecast: Holds losses below 1.3950, lower rectangle boundary

Published 1 week ago Negative
USD/CAD Price Forecast: Holds losses below 1.3950, lower rectangle boundary
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USD/CAD extends its losses for the third successive session, trading around 1.3930 during the early European hours on Wednesday. The short-term price momentum is weaker as the pair is falling below the nine-day Exponential Moving Average (EMA).

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