FX.co ★ USD/CAD Price Movement: Analysis For June 19, 2020.

The USD/CAD pair now is trying to raid the nearest Liquidity Pool at near 1.3865. From the technical view, this confirms that the pair has got the Hidden Divergence (Convergence) between the price with the Stochastic Oscillator (Magenta Line). The current price now is above the Moving Average on the 4-hour chart. As long as USD/CAD does not retrace and closes below 1.3504, the up movement is still valid, so the price will continue to go up.

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