USD/CAD Price Forecast: Holds Ground Above 1.3500, Next Barrier Appears At Nine-day EMA
September 05, 2024 at 06:07 AM EDT
USD/CAD could test the immediate barrier at the nine-day EMA at 1.3521 level, followed by the 14-day EMA at 1.3546 level. The momentum indicator MACD shows a convergence below the signal line, suggesting a weakening of the bearish trend.
