{video}USDCAD neutralized its latest downside correction around the former key support region of 1.2687, with the price currently aiming to erase some of its weekly losses. The momentum indicators are providing little initiative for proper progress as the RSI and the MACD keep hovering around their neutral thresholds. Yet, some optimism remains intact as long as these oscillators move along an ascending trendline. The bottom line of the Ichimoku cloud, which cancelled the upturn from a 33-month low last week, remains a prime target for the bulls. The 20- and 50-day simple moving averages (SMAs) are flattening in the ... (full story)