Thu, Jan 09, 2025 @ 18:41 GMT
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USD/CAD Little Changed

MultiBank Exchange Group
By MultiBank Exchange Group

Price increased today, but it seems like is losing the bullish momentum. USD/CAD is still trading below the 1.2389 Wednesday’s high. The next upside target will be at the median line (ml) of the blue ascending pitchfork. USD/CAD is still under pressure as long a is trading within the descending pitchfork’s body.

We’ll have a broader increase only after a valid breakout from the minor descending pitchfork’s body.

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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