USD/CAD rises above downtrend line, key SMAs. But strong resistance and bearish SMA crossover limit upside. Momentum signals stay soft despite holding in bullish territory. USD/CAD is retesting the ceiling of a multi‑week consolidation that has remained intact since late January, near 1.3730, as the commodity‑linked Canadian dollar finds support from elevated oil prices and […]The post USD/CAD Tests Range Highs, But Breakout Momentum Remains Weak appeared first on ActionForex.