Analyzing the Short-Term Outlook for USD/CAD Pair
Wednesday, 10 July 2024, 06:27
USD/CAD Daily Forecast
The analysis of the USD/CAD pair points towards a neutral intraday bias with potential for corrective extension. A key level to watch is 1.3589, which may lead to a target of 1.3534. Strong support is expected at this level, indicating a possible rebound. Conversely, surpassing the 1.3686 resistance could signal a bullish bias towards the 1.3790 level.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.