The US dollar remained volatile against the Canadian dollar at 1.33133. Canada's national economic confidence index was 43.35 as of November 11, a previous value of 42.3.
USD CAD - 4-hour K line chart shows:
The 4-hour chart shows that after the low position shock of the short power went down, the narrow range consolidation slowly moved up, and the market long power began to show signs of waiting for opportunities to enter the market. The MACD index moved up in the low position shock of the short region, and the RSI index maintained the shock and moved up to the lower side of the 50 equilibrium line;
Empty turning point: 1.32935
Pressing: 1.33436, 1.33745
Support: 1.32628, 1.32287
Trading strategy: bullish above 1.32935, target 1.33436, 1.33745
Alternative strategy: bearish under 1.32935, target 1.32628, 1.32287