USDCAD Remains in Uptrend After the April CPI from Canada
The USD to CAD rate has been on a downtrend since early April but recently found support at key MAs, suggesting a potential reversal higher.
![USDCAD Remains in Uptrend After the April CPI from Canada](https://fxlmwpmedia.s3.amazonaws.com/wp-content/uploads/2024/04/10204129/51627619946_abf316a3e2_b.jpg?#)
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The USD to CAD rate has been on a downtrend since early April but recently found support at key MAs, suggesting a potential reversal higher.