USDCAD (Bearish Momentum)

USDCAD

The Canadian Dollar is exhibiting a bearish trend as long as it remains below 1.3678, with targets set at 1.3628 and 1.3612.

A reversal and stabilization above 1.3689 would indicate a shift to a bullish trend, potentially extending up to 1.3732.

The pivot price is established at 1.3689,
Resistance levels at 1.3732, 1.3773, and 1.3825.
Support levels are marked at 1.3628, 1.3551, and 1.3527.

The expected trading range is between 1.3689 and 1.3612.

Dagangan ditutup: sasaran tercapai:

Hit the Second Target +100 Pip ✅✅

The price is still under bearish pressure, as long as it stabilizes under 1.3612 to get 1.3564 and 1.3527.

Timeframe 4h,1h
Current Price 1.3598