The USDCAD still stuck – Analysis 22-11-2023

usd_cad_news_prognozThe USDCAD pair still confined between the trend keys represented by 1.3680 support and 1.3740 resistance, which keeps our neutrality valid until now, as we are waiting to breach one of these levels to detect the next destination clearly.

The contradiction between the technical indicators provides another reason for neutrality, and to review the expected targets after breaching the mentioned levels, please check our previous report.

The expected trading range for today is between 1.3630 support and 1.3770 resistance.

The expected trend for today: Neutral

Origin: Economies

 

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