The Canadian Dollar may be vulnerable to the US Dollar with USD/CAD attempting to resume the broader uptrend.
USD/CAD is attempting to confirm a breakout above the June 26th, 2020 high at 1.3716. Still, prices need to clear the September 2022 high at 1.3833 to open the door to extend gains.
Keep a close eye on RSI, negative divergence is present. This is a sign of fading upside momentum which can at times precede a turn lower.
Such an outcome could open the door to testing the 20-day Simple Moving Average (SMA). The latter may reinstate the dominant upside focus. But, the line is currently sitting at 1.3350. With that in mind, be mindful of near-term downside potential before the broader uptrend could resume.
USDCAD
USD/CAD is attempting to confirm a breakout above the June 26th, 2020 high at 1.3716. Still, prices need to clear the September 2022 high at 1.3833 to open the door to extend gains.
Keep a close eye on RSI, negative divergence is present. This is a sign of fading upside momentum which can at times precede a turn lower.
Such an outcome could open the door to testing the 20-day Simple Moving Average (SMA). The latter may reinstate the dominant upside focus. But, the line is currently sitting at 1.3350. With that in mind, be mindful of near-term downside potential before the broader uptrend could resume.
USDCAD
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.