Canadian Dollar Forecast: Bullish Divergence Hints at Rebound for USD/CAD
Canadian Dollar Forecast: Bullish Divergence Hints at Rebound for USD/CAD 2021-05-04 07:00:00 Daniel Moss, Analyst Canadian Dollar, USD/CAD, Coronavirus Vaccines, Crude Oil Prices, Bullish Divergence – Talking Points: The Canadian Dollar may give up gained ground in the near term as coronavirus cases continue to remain elevated. Bullish RSI divergence could ignite a rebound in USD/CAD rates. Asia-Pacific Recap Equity markets traded broadly mixed during Asia-Pacific trade, with Australia’s ASX 200 and Hong Kong’s Hang Seng Index climbing higher while China’s CSI 300 and Japan’s Nik...
Source: dailyfx.com