– USDCAD reversed from pivotal resistance level 1.3760
– Likely to fall to support level 1.3675
USDCAD currency pair under the bearish pressure after the price reversed down 3 times in a row from the pivotal resistance level 1.3760 (which has been reversing the price from the end of April).
Each of the last 3 downward reversals form the resistance level 1.3760 created the daily Japanese candlesticks reversal patterns Hammer.
Given the strength of the resistance level 1.3760, USDCAD currency pair can be expected to fall further to the next support level 1.3675.
- EBAY reversed from support level 52.00 - Likely to rise to resistance level 54.60…
- CADJPY broke key resistance level 117.00 - Likely to reach resistance level 119.00 CADJPY…
According to the Eurostat Flash estimate, the euro area CPI stood at 2.5% y/y, hovering…
The US dollar has been settling near two-month highs since late last week, but this…
Market picture The crypto market retreated by 0.6% in 24 hours to a total cap…
- AUDUSD reversed from strong resistance zone - Likely to fall to support level 0.6620…
This website uses cookies