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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDCAD 23.6.2025

Technical Analysis
Monday, June 23, 2025 - 12:34
Point Trader Group
USDCAD 23.6.2025

General Trend:

The price is in a short-term downtrend after rejection from the 1.4670 high, and has recently bounced from the 1.3549 support.

Expected Scenario:

Bullish Scenario:

- If the current bounce breaks above 1.3760, the price may move toward 1.3850 then 1.3920.

Bearish Scenario:

- Breaking below 1.3549 could lead to a decline to 1.3427 then 1.3300.

Key Levels:

Resistances: 1.3760 – 1.3850 – 1.3920

Supports: 1.3549 – 1.3427 – 1.3300

 

*Risk Disclaimer: 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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