USD CAD WEEK 18 YEAR 2025

USD CAD has been going sideways during the past one week and its rallies are restricted by the support/resistance area around 1.39 which has been there for weeks and months for this pair. Also, the new week could bring in fresh weakness/ strength with the Canadian federal elections on Monday. It needs to break and close above 1.39, if it were to start an uptrend above the new daily low formed last week.

Leave a Reply

SECURITIES INVESTMENT AND TRADING IS A HIGHLY RISKY BUSINESS AND THERE EXISTS A POSSIBILITY OF PARTIAL OR TOTAL LOSS OF INVESTMENT. THE TRADES AND ANALYSES POSTED ON OUR WEBSITE ARE SOLELY FOR OUR IN HOUSE TRADES AND WE ARE NOT RESPONSIBLE FOR ANY TRADES TAKEN OR INVESTMENTS MADE ON THE BASIS OF ANY INFORMATION/ IDEA PICKED UP FROM OUR WEBSITE.