FX.co ★ Technical Analysis of Intraday Price Movement of USD/CAD Commodity Currency Pairs, Tuesday November 14, 2023.

Loonie on the 4 hour charts seems strengthen against USD. This can be seen from the slope of SMA 50 which begins to go down, as well as the appearance of the deviation between the price movement with Stochastic Oscillator indicator so that in the near future, as long as there is no upward correction which is breaks above the level 1,3850, then USD/CAD has the potential to go down up to the level 1,3744 as the main target and the level 1,3655 as the next target to be aimed.

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