Is USD/CAD Resuming Downtrend, As Markets Expect More BOC Rate
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RBC is anticipating another rate hike by the BOC although market expectations are mixed, so USD/CAD is trading between 2 MAs
![Is USD/CAD Resuming Downtrend, As Markets Expect More BOC Rate](https://www.forex.com/en-us/-/media/shared-media/2023/10/usdcad-daily-chart-10252023.png)
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![Is USD/CAD Resuming Downtrend, As Markets Expect More BOC Rate](https://responsive.fxempire.com/v7/_fxempire_/2023/07/CAD-4-2.jpg?width=1201)
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![Is USD/CAD Resuming Downtrend, As Markets Expect More BOC Rate](https://www.actionforex.com/wp-content/uploads/2022/12/afc2022120603.png)
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![Is USD/CAD Resuming Downtrend, As Markets Expect More BOC Rate](https://responsive.fxempire.com/v7/_fxempire_/2018/10/usdcad-2410.jpg?q=70)
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![Is USD/CAD Resuming Downtrend, As Markets Expect More BOC Rate](https://thoughtleadership.rbc.com/wp-content/uploads/Chart-0313.png)
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![Is USD/CAD Resuming Downtrend, As Markets Expect More BOC Rate](https://bpcdn.co/images/2023/09/06025836/USDCAD_2023-09-06_12-22-32-360x203.png)
Forex Trade Ideas
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