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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 3.7.2024

Technical Analysis
Wednesday, July 03, 2024 - 11:54
Point Trader Group
USDCAD 3.7.2024

General trend: up.
Expected scenario:
The pair is trading at the highest strong support level around 1.3670, which enhances the chances of rising to 1.3700.
Alternative scenario:
The scenario may turn bearish with a break of 1.3660, targeting 1.3630 – 1.3600.
The most important levels
resistance:
1.3700 – 1.3730
support:
1.3660 – 1.3600

*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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