USDCAD is showing a reduced correlation with oil, as broader market sentiment takes the lead. With equities strengthening and risk appetite improving, commodity currencies are gaining support, putting pressure on the U.S. dollar.
Price is now attempting to move back into the 1.324–1.383 range, shifting the structure from directional movement to a more balanced, range-bound environment.
Support is forming around 1.34–1.35, while resistance remains near 1.37–1.38. As long as price holds within this range, the market is likely to trade between these levels rather than trend strongly in one direction.
Price is now attempting to move back into the 1.324–1.383 range, shifting the structure from directional movement to a more balanced, range-bound environment.
Support is forming around 1.34–1.35, while resistance remains near 1.37–1.38. As long as price holds within this range, the market is likely to trade between these levels rather than trend strongly in one direction.
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🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
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.