“USDCAD price reflects emerging bearish indications – Analysis – 02-12-2025”

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“The USDCAD price posted cautious gains in its latest intraday trading, recovering part of its previous losses. However, the pair remains under the influence of a steep short-term bearish corrective wave, reinforced by continued pressure from trading below the EMA50. Meanwhile, relative strength indicators have reached excessively overbought levels compared to the price action, signaling the early formation of a negative divergence that is likely to increase bearish pressure.”

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