简体中文
ภาษาไทย
繁體中文
Indonesia
USDCAD: Falling low
2023-03-28
863
Fundamental analysis:
USD/CAD remained volatile around 1.36598, as Russian President Vladimir Putin made comments that he would deploy tactical nuclear weapons in Belarus. NATO on Sunday (March 26) criticized Putin for what it called "dangerous and irresponsible" nuclear rhetoric. The move, which heightened geopolitical tensions in Europe over the Ukraine crisis, also provided some support for oil prices.
US dollar Canadian dollar USDCAD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: The short-term momentum continues to fluctuate and fall, and the short-term decline has not stopped. The market is shrouded in bearish sentiment, and there is a trend of continuing to move downward in the short term. tidy;
Resistance levels: 1.36803 1.36927
Support levels: 1.36462 1.36337
Trading strategy: bearish below 1.36674, target 1.36462 1.36337
Alternative strategy: bullish above 1.36674, target 1.36803 1.36927
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
