The USDCAD keeps its negative stability – Analysis - 24-03-2022
10 months ago

The USDCAD pair settles below 1.2590 level, to keep the negative pressure valid for the upcoming period, waiting to visit 1.2480 as a next negative target.


Holding below 1.2590 is important to continue the expected decline, as breaching it will lead the price to start new recovery attempts and head to test 1.2725 areas mainly.


The expected trading range for today is between 1.2490 support and 1.2630 resistance.

The expected trend for today: Bearish

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