The (USDCAD) price witnessed fluctuated trading on its last intraday levels, depending on the stability of the key support at 1.3980, gaining renewed bullish momentum that helped it to settle against the negative pressure that comes from its trading below EMA50, with the dominance of the bearish corrective trend on the short-term basis, affected by breaking main bullish trendline previously, besides the emergence of the negative crossover on the relative strength indicators, after the price success in offloading its oversold conditions, intensifying the negative pressures in the upcoming period.
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