The USDCAD resumes its decline -Analysis-24-07-2025-August 2024-www.financetom.com

The USDCAD resumes its decline -Analysis-24-07-2025

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The USDCAD resumes its decline -Analysis-24-07-2025

Jul 23, 2025 9:58 PM

The (USDCAD) price declined in its last intraday trading, after offloading its clear oversold conditions previously, which opened the way for recording more of the losses, amid the dominance of minor bearish wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the chances for the prices decline on the near-term basis.

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