USD/CAD(20250424)Today's Analysis

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Market News:
The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024.

Technical analysis:
Today's buying and selling boundaries:
1.3861

Support and resistance levels:
1.3966
1.3927
1.3901
1.3820
1.3794
1.3755

Trading strategy:
If the price breaks through 1.3901, consider buying, the first target price is 1.3927
If the price breaks through 1.3861, consider selling, the first target price is 1.3820

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