Technical Analysis for USDCAD on January 22, 2024
Trend: UP
Details: The pair has found support from the daily support zone at the level of 1.34200, in addition to the support provided by the upward trendline at the same level.
Target: At the initial resistance level confronting the price: 1.36000
Stop: If the prices fail to hold above the support zone and drop to the level of 1.3370.
Trend: UP
Details: The pair has found support from the daily support zone at the level of 1.34200, in addition to the support provided by the upward trendline at the same level.
Target: At the initial resistance level confronting the price: 1.36000
Stop: If the prices fail to hold above the support zone and drop to the level of 1.3370.