Tue, Feb 03, 2026 02:29 GMT
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    USD/CAD Losing Momentum

    The currency pair increased in the Asian session and tries to recover after the yesterday’s growth. It seems like that the bulls are a little exhausted on the short term. The next upside target will be at the median line (ml) of the blue ascending pitchfork, a failure to reach it will send the rate towards the LML again.

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    MultiBank Exchange Grouphttp://www.mexgroup.com
    Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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