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FxWirePro: USD/CAD reverses course bias back to downside

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(USDCAD and CADJPY) for the day

Thursday, September 1, 2022 9:55 AM UTC

Pair	Value	Recommendation
USDCAD	416.42	Strong Buy
CADJPY	-389.89	Strong Sell

CADJPY

Major resistance- 106.20

Near-term support- 105

Trend reversal level- 104

USDCAD

Major resistance- 1.3180

Near-term support- 1.3145

Trend reversal level- 1.32250

Above (-150): Sell

Above (-300): Strong Sell

Above 150: Buy

Above 300: Strong Buy

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(USDCAD and CADJPY) for the day

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