Wed, Jan 08, 2025 @ 16:14 GMT
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USD/CAD Losing Altitude

MultiBank Exchange Group
By MultiBank Exchange Group

Price continues to drop and is expected to reach the major confluence area formed by the 1.2460 static support with the lower median line (LML) of the major black ascending pitchfork. It slips lower along the median line (ml) of the minor descending pitchfork, signaling that the bears are in full control.

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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