Monday, 29 June 2020

USD/CAD Reversal from March Low in Focus as RSI Breaks Bearish Trend

The USD/CAD reversal from the March low (1.3315) may continue to evolve in July as the RSI breaks out of the bearish trend carried over from the previous month.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...