USDCAD 22.12.2022

Technical Analysis
Thursday, December 22, 2022 - 10:41
Point Trader Group

Main Trend:

Bullish.

Expected scenario:

We expect a price decline, conditioned by the continuation of trading below 1.3700, to target 1.3500.

Alternative scenario:

The scenario turns bullish, with a breach of 1.3700, targeting 1.3826

The most important levels

Resistance: 1.3700 – 1.3826

Support: 1.3500 – 1.3385

  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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