ExchangeDEX+

Buy Crypto Markets Spot FuturesBTC Earn Event Center

The post USD/CAD pulls back from 1.4150 resistance – Société Générale appeared on BitcoinEthereumNews.com. USD/CAD is retreating after rejecting resistance near 1.4150 and is now moving toward the 200-DMA and key channel support at 1.3930/1.3880. A bounce is possible at this zone, but a break below it would open the door to further losses, Société Générale’s FX analysts note. USD/CAD drifts toward key 200-DMA support “USD/CAD has retracted after encountering interim hurdle at the upper limit of a multi-month ascending channel and the low of February near 1.4150. It is gradually drifting towards the 200-DMA and the lower band of the channel at 1.3930/1.3880, which is a crucial support.” “Achievement of this zone may result in a short-term bounce. If the pair fails to defend the MA near 1.3930/1.3880, there would be a risk of an extension in decline.” Source: https://www.fxstreet.com/news/usd-cad-pulls-back-from-14150-resistance-societe-generale-202511170952The post USD/CAD pulls back from 1.4150 resistance – Société Générale appeared on BitcoinEthereumNews.com. USD/CAD is retreating after rejecting resistance near 1.4150 and is now moving toward the 200-DMA and key channel support at 1.3930/1.3880. A bounce is possible at this zone, but a break below it would open the door to further losses, Société Générale’s FX analysts note. USD/CAD drifts toward key 200-DMA support “USD/CAD has retracted after encountering interim hurdle at the upper limit of a multi-month ascending channel and the low of February near 1.4150. It is gradually drifting towards the 200-DMA and the lower band of the channel at 1.3930/1.3880, which is a crucial support.” “Achievement of this zone may result in a short-term bounce. If the pair fails to defend the MA near 1.3930/1.3880, there would be a risk of an extension in decline.” Source: https://www.fxstreet.com/news/usd-cad-pulls-back-from-14150-resistance-societe-generale-202511170952

USD/CAD pulls back from 1.4150 resistance – Société Générale

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/11/17 18:59

NEAR$1.741-2.51%

NOW$0.00073-17.97%

OPEN$0.17223-1.77%

USD/CAD is retreating after rejecting resistance near 1.4150 and is now moving toward the 200-DMA and key channel support at 1.3930/1.3880. A bounce is possible at this zone, but a break below it would open the door to further losses, Société Générale’s FX analysts note.

USD/CAD drifts toward key 200-DMA support

“USD/CAD has retracted after encountering interim hurdle at the upper limit of a multi-month ascending channel and the low of February near 1.4150. It is gradually drifting towards the 200-DMA and the lower band of the channel at 1.3930/1.3880, which is a crucial support.”

“Achievement of this zone may result in a short-term bounce. If the pair fails to defend the MA near 1.3930/1.3880, there would be a risk of an extension in decline.”

Source: https://www.fxstreet.com/news/usd-cad-pulls-back-from-14150-resistance-societe-generale-202511170952

Market Opportunity

NEAR Price(NEAR)

$1.741

$1.741$1.741

-0.28%

USD

NEAR (NEAR) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.