U.S. Dollar Canadian Dollar Update | September 11, 2024

Headshot of Trent Klarenbach, founder of Klarenbach Research
Trent Klarenbach
September 11, 2024
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September 11, 2024
Despite testing the 1.38 to 1.39 resistance multiple times, the pair has failed to break through and is now below the 50-week moving average. We remain bearish as long as the pair stays below this level, with a potential retracement to 1.31.

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