Hourly Chart Analysis USD/CAD
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On the hourly chart, USD/CAD has been moving within a rising channel, characterized by higher highs and higher lows. The price is currently testing the lower boundary of the channel around the 1.3800 level. If the price holds above this support, we could see a continuation of the bullish trend, potentially targeting the upper boundary near 1.3880. However, a break below the channel could lead to a deeper correction, targeting the support zone around 1.3740-1.3760.
2. 4-Hour Chart Analysis
The 4-hour chart shows a strong uptrend with USD/CAD reaching highs near 1.3830. The RSI is currently around 61, indicating bullish momentum but... READ FULL ARTICAL ON FOURTRADES WEBSIDE LINK IN THE BIO
3. Daily Chart Analysis
On the daily chart, USD/CAD is approaching a significant resistance area around 1.3900, which has historical significance as a resistance level. The recent bullish momentum suggests the possibility of READ FULL ARTICAL ON FOURTRADES WEBSIDE LINK IN THE BIO
VISIT OUR WEBSITE
On the hourly chart, USD/CAD has been moving within a rising channel, characterized by higher highs and higher lows. The price is currently testing the lower boundary of the channel around the 1.3800 level. If the price holds above this support, we could see a continuation of the bullish trend, potentially targeting the upper boundary near 1.3880. However, a break below the channel could lead to a deeper correction, targeting the support zone around 1.3740-1.3760.
2. 4-Hour Chart Analysis
The 4-hour chart shows a strong uptrend with USD/CAD reaching highs near 1.3830. The RSI is currently around 61, indicating bullish momentum but... READ FULL ARTICAL ON FOURTRADES WEBSIDE LINK IN THE BIO
3. Daily Chart Analysis
On the daily chart, USD/CAD is approaching a significant resistance area around 1.3900, which has historical significance as a resistance level. The recent bullish momentum suggests the possibility of READ FULL ARTICAL ON FOURTRADES WEBSIDE LINK IN THE BIO
VISIT OUR WEBSITE
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