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September 01, 2020 1:41pm
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USD/CAD Faces RSI Buy Signal After Clearing September 2017 Low

USD/CAD has cleared the September 2017 low (1.2061), as it has dipped to a fresh yearly low (1.2046) in May. Yet the Relative Strength Index (RSI) is indicating a textbook buy signal as it climbs out of oversold territory and pushes above 30.
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