USD/CAD Forecast: Post-BoC Breakdown Keeps RSI in Oversold Zone
December 10, 2020 at 10:27 AM EST
USD/CAD trades to a fresh yearly low following the Bank of Canada’s last meeting for 2020, and the Relative Strength Index (RSI) warns of a further decline in the exchange rate as it holds below 30 and sits in oversold territory.
