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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 9.7.2024

Technical Analysis

Tuesday, July 09, 2024 - 12:29

Point Trader Group

USDCAD 9.7.2024

General trend: down.
Expected scenario:
The pair is trading below the 1.3650 level, which enhances the chances of a decline to 1.3620 – 1.3600.
Alternative scenario:
The scenario may turn bullish, targeting 1.3670 with a break of 1.3700
The most important levels
resistance:
1.3650 – 1.3700
support:
1.3620 – 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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