2024-12-23 07:35
Industri USD/CAD Price Forecast: Falls toward 1.3500; next
The USD/CAD pair could potentially resume its upward movement as a falling wedge pattern suggests a bullish reversal signal.
A break below the psychological 1.3500 level could lead the pair to test the lower boundary of the falling wedge.
The immediate barrier appears at the nine-day EMA at 1.3557 level, aligned with the upper boundary of the falling wedge.
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USD/CAD Price Forecast: Falls toward 1.3500; next
Nigeria | 2024-12-23 07:35The USD/CAD pair could potentially resume its upward movement as a falling wedge pattern suggests a bullish reversal signal.
A break below the psychological 1.3500 level could lead the pair to test the lower boundary of the falling wedge.
The immediate barrier appears at the nine-day EMA at 1.3557 level, aligned with the upper boundary of the falling wedge.
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