19.11.202405:43 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of USD/CAD Commodity Currency Pairs, Tuesday November 19, 2024.

Relevance up to 21:00 2024-11-19 UTC--5

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With the appearance of deviations between the price movement of the USD/CAD commodity currency pair and the Stochastic Oscillator indicator and also confirmed by the price movement of USD/CAD which is moving below the EMA (21) which also has a decreasing slope on the 4-hour chart, it has given an indication that in the near future as long as there is no further strengthening that breaks through and closes above the 14083 level, The Lonnie has the potential to weaken down to the 1.3945 level and if volatility and momentum support it, USD/CAD has the potential to continue its weakening to the 1.3841 level.

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