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USDCAD 25 Jun 2025

USDCAD 25 Jun 2025 On the daily timeframe, USDCAD is still seen in a bearish trend since its decline last week. The pair continued to decline until it entered the kumo cloud and has not been able to show significant changes. However, on the stochastic indicator, the pair has gone below the 20 level, which signals an oversold condition. This allows for a trend reversal due to market saturation. If there is bullish confirmation on other technical indicators, there is a potential for USDCAD to reverse upwards from this oversold level. Traders should keep a close eye on further developments to ascertain possible trend changes.

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