USDCAD moves lower w/ the modest USD weakness today. Moves toward support target at 1.3765
globalreutersApril 17, 20241 Mins read The USDCAD has moved lower in trading today on USD weakness. In the process, the pair is moving away from topside resistance target between 1.3839 and 1.3855. The downside support comes near the 100-day moving average 1.3765. Devil also corresponds with the high of a swing area down to 1.37346.
In this video, I outline the technical levels in play and explain why.
This article was written by Greg Michalowski at www.forexlive.com.
Related Articles
NVDA earnings report is coming & many are still wondering about DeepSeek
How DeepSeek is Changing the AI Game and Its Potential Impact on...
Weekly Market Outlook (24-28 February)
UPCOMING EVENTS:Monday: German IFO.Tuesday: US Consumer Confidence.Wednesday: Australia Monthly CPI.Thursday: Switzerland Q4...
Video: How everything could go right for the Canadian dollar
The Canadian dollar is facing risks from tariffs, trade, global growth, domestic...
Bitcoin or Ethereum?
Bitcoin or Ethereum: Which Crypto is the Better Investment in 2025?The Crypto...
Leave a comment