USD/CAD Trading Analysis (11/08/2025)
The trend is ascending. The currency pair is trading within the 365-135 EMA range. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator.
Trade idea:
- Buy at the breach of 1.3764.
- Stop-loss at 1.3720.
- Price targets are 1.3809 and 1.3875.
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