USD/CAD(20250411)Today's Analysis

19
Market news:
The annual rate of the US CPI in March was 2.4%, a six-month low, lower than the market expectation of 2.6%. The market almost fully priced in the Fed's interest rate cut in June. Trump said inflation has fallen.

Technical analysis:
Today's buying and selling boundaries:
1.4013

Support and resistance levels:
1.4170
1.4112
1.4073
1.3952
1.3914
1.3855

Trading strategy:
If the price breaks through 1.4013, consider buying, the first target price is 1.4073
If the price breaks through 1.3952, consider selling, the first target price is 1.3914

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