USDCAD 4.9.2024

Technical Analysis
Wednesday, September 04, 2024 - 13:19
Point Trader Group

General trend: up.
Expected scenario:
The pair is trading at the highest strong support level around 1.3430, which enhances the chances of continuing the rise to 1.3680.
Alternative scenario:
The scenario turns bearish with a break of 1.3375, targeting 1.3250
The most important levels
resistance:
1.3680 – 1.3760
support:
1.3375 – 1.3250

  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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