USD/CAD extended its downside movement from 1.3226 to as low as 1.2975. Near term resistance is at the top trend line of the price channel on the 4-hour chart, as long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 1.2900 area. Only a clear break above the channel resistance could signal completion of the downtrend.
Top Finance
Search
New Posts
All Of The Grants Given By The U.S. CHIPS Act All of the Grants Given by the U.S. CHIPS Act Data and Company Highlights
Financial Assets And Inflation Inflation-Linked Bonds Commodities Gold Bonds Equities Concluding Remarks
Add Economic Moats To Your Stock Analysis Protection offered by economic moats
Microsoft Adds AI-Powered Capabilities To Predict Emissions Impact Of Actions To Sustainability Platform
Three New Dividend Growth Companies For A Retirement Nest Egg The Value of Dividends Three Dividend Growth Stocks That Can Help Fund Your Nest Egg
Leave A Comment