FX.co ★ Technical Analysis of Daily Price Movement of USD/CAD Commodity Currency Pairs, Monday June 05,2023.

Even though The Lonnie's condition on the daily chart looks to be in a Ranging Sideways condition and is moving downwards on the daily chart, however by the appearance of hidden deviations between the osMA indicator and the USD/CAD pair's price movements gives a hint that in the next few days USD/CAD has the potential to rise above to test the 1.3508 level and as long as the upward correction does not exceed the 1.3584 level, USD/CAD will fall back down to test the 1.3333 and 1.3264 levels.

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