The USDCAD pair has been moving up for the last month with a considerable strength, but we can see in the chart below, that this movement lost almost all its strength last week. The divergence showed by the RSI with respect to the price, is indicating us how this movement is about to end, and announcing a correction in the price.
Now, the levels and important points that will influence and guide the price through this correction, are displayed in the next chart, we can see first an spurious rebo…
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