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USDCAD 27.3.2025
General Trend:
The pair is trading sideways with a bearish bias and is struggling to break the resistance around 1.4472, reinforcing the possibility of continued bearish pressure.
Expected Scenario:
Bullish Scenario:
- A breakout above 1.4472 could send the price toward 1.4531 and then 1.4623.
Bearish Scenario:
- Continued trading below 1.4384 could lead to a decline toward 1.4241.
- A break below 1.4241 opens the way toward 1.4180.
Key Levels:
Resistances: 1.4472 – 1.4531 – 1.4623
Supports: 1.4384 – 1.4241 – 1.4180
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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