USDCAD 12.6.2024

Technical Analysis
Wednesday, June 12, 2024 - 11:33
Point Trader Group

General trend: down. 
Expected scenario:
The pair is expected to continue its decline to target 1.3725, provided that trading continues below 1.3794.
Alternative scenario:
The scenario turns bullish with a break of 1.3794, targeting 1.3866
The most important levels
resistance:
1.3794 – 1.3866
support:
1.3725 – 1.3690

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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