{video}USDCAD has been facing difficulties in printing new higher highs for more than a week now, shifting to the sidelines to trade around 1.3480. The technical indicators are mirroring the absence of buying interest, with the RSI easing towards its 50 neutral mark and the MACD remaining muted below its red signal line. The flattening simple moving averages (SMAs) is another indication of an indecisive market. On a positive note, the price has not dropped below the protective trendline zone of 1.3450-1.3480 yet, and if that floor holds firm again, the pair might crawl up to retest the 50% Fibonacci retracement of ... (full story)