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The USDCAD breaks a critical support -Analysis-05-06-2025
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The USDCAD breaks a critical support -Analysis-05-06-2025
Jun 4, 2025 8:52 PM

The (USDCAD) price rose slightly in its last intraday trading, attempting to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from it, and it attempts to recover some of previous losses, amid its stability below the critical support at 1.3690 confirming breaking it, with the continuation of the negative pressure due to its trading below its EMA50, and under the dominance of the main bearish trend and its trading alongside a minor bias line on the short-term basis.

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