USD/CAD Rejected at Range Resistance after the BoC Interest Rate Decision

Range: The USD/CAD has been ranging roughly between 0.99 and 0.9950(60) since last week. A couple of converging trendlines are past convergence. A breakout from the range will be needed to show directional bias. BoC: The Bank of Canada left the benchmark rate at 1.00%. The statement released sounded…

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USD/CAD Rejected at Range Resistance after the BoC Interest Rate Decision

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