Daily Pivots: (S1) 1.3973; (P) 1.4010; (R1) 1.4038; More…
Intraday bias in USD/CAD remains neutral as range trading continues. Further rally is expected with 1.3930 support intact. On the upside, firm break of 1.4177 will resume larger up trend towards 1.4391 projection level. However, break of 1.3926 will turn bias to the downside for deeper pullback to 55 D EMA (now at 1.3857).
In the bigger picture, up trend from 1.2005 (2021) is resuming with break of 1.3976 key resistance (2022 high). Next target is 61.8% projection of 1.2401 to 1.3976 from 1.3418 at 1.4391. Now, medium term outlook will remain bullish as long as 1.3418 support holds, even in case of deep pullback.
Source link
#USDCAD #Daily #Outlook #Action #Forex
top altcoins, Ethereum alternatives, new cryptocurrencies
crypto trading bots, automated trading strategies, AI in cryptocurrency
Bitcoin mining, Ethereum mining, best crypto mining hardware
Bitcoin news, cryptocurrency latest news, blockchain updates
best crypto wallets, secure Bitcoin wallets, multi-currency wallets reviews
blockchain technology, fintech innovations, decentralized finance (DeFi)
crypto market analysis, Bitcoin price prediction, Ethereum forecast
cryptocurrency predictions, Bitcoin price forecast, crypto trends 2024, crypto trends 2025
live Bitcoin prices, crypto price updates, Ethereum price report
how to trade cryptocurrency, crypto trading strategies, beginner crypto trading
Welcome to “Cryptocurrency Trading,” your comprehensive destination for the latest news and analysis in the world of **cryptocurrencies** and **currency trading**. We provide rich content focused on **market analysis**, **trading strategies**, and **emerging technologies** that impact the **cryptocurrency market**. Join us to discover the **best investment opportunities** in **Bitcoin**, **Ethereum**, and other leading cryptocurrencies. Our goal is to equip you with the information you need to enhance your trading skills and achieve success in the world of **investment**. Follow us for continuously updated content that supports you in making informed decisions.











