FX.co ★ Technical Analysis of Intraday Price Movement of USD/CAD Commodity Currency Pairs, Thursday June 20 2024.

With the condition of The Lonnie's price movement which is below WMA 30 Shift 2 and the Awesome Oscillator indicator which is below level 0, it has the potential to cause USD/CAD to weaken down, where the level of 1,3697 will try to be tested in the near future. If this level is successfully broken below, the level of 1,3679 will become the next target to be aimed at, but if during the weakening journey a correction suddenly occurs where USD/CAD strengthens again, especially if it broken above the 1,3725 level, then all the weakening scenarios that have been described will become invalid and automatically cancel by themselves.

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