Technical analysis of USD/CAD 05/24/2024

The USD/CAD currency pair at (1D) is trading in an uptrend.

The pair found resistance at 1.3845, after which it corrected to the support level 1.3590 (38.2% Fibo) and is currently trading at 1.3730.

The technical picture suggests continued growth above 1.3845.

Support remains the area of 1.3600 (38.2% Fibo).


Created by Joshua Hayn

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