USD/CAD(20250418)Today's Analysis

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Market news:
The European Central Bank cut interest rates by 25 basis points as expected, the seventh rate cut in the past year, and this decision was unanimous.

Technical analysis:
Today's buying and selling boundaries:
1.3855

Support and resistance levels:
1.3933
1.3904
1.3885
1.3825
1.3807
1.3778

Trading strategy:
If the price breaks through 1.3855, consider buying, the first target price is 1.3885
If the price breaks through 1.3825, consider selling, the first target price is 1.3807

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