 USDCAD is still trading above the short-term descending trend line and the strong 50-day simple moving average SMA, which lies near the 1.3570 support. The MACD oscillator is holding above its trigger and zero lines; however, the stochastic posted a bearish cross within its K and D lines near the overbought territory, indicating that the ... The post USDCAD Rests Near 50-day SMA Above Downtrend Line appeared first on Action Forex... 