USDCAD🇺🇸🇨🇦 to bounce from the Support
USDCAD🇺🇸🇨🇦 is bouncing from the support zone. Not surprisingly taking into account the Fed's Chairman Jerome Powell's words that "interest rates would not rise any time soon" (investing.com/news/forex-news/dollar-rebound-falters-as-feds-powell-strikes-dovish-tone-2390025).
Elaborating further from the technical perspective we see that the 10&20 EMA are turning upward altogether with the upcoming swing at the ROC 9 , thus it is a good time to long from here.
Elaborating further from the technical perspective we see that the 10&20 EMA are turning upward altogether with the upcoming swing at the ROC 9 , thus it is a good time to long from here.
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