2025-09-18 01:08
Industryusdcad analysis
The USDCAD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the falling resistance, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 1.3790, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish rejection from 1.3790 could confirm the resumption of the downtrend, targeting the next support levels at 1.3725, followed by 1.3700 and 1.3690 over a longer timeframe.
Like 0
Ovifx
Trader
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
usdcad analysis
Bangladesh | 2025-09-18 01:08The USDCAD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the falling resistance, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 1.3790, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish rejection from 1.3790 could confirm the resumption of the downtrend, targeting the next support levels at 1.3725, followed by 1.3700 and 1.3690 over a longer timeframe.
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.
Submit
There is no comment yet. Make the first one.