#USDCAD reversed from long-term resistance level 1.3840
Likely to fall to support level 1.3600
USDCAD currency pair continues to fall after the pair reversed down with the weekly Shooting Star from the major long-term resistance level 1.3840, which has been reversing the pair from 2022.
The resistance level 1.3840 was strengthened by the upper weekly Bollinger Band.
Give the overbought weekly Stochastic, USDCAD currency pair can be expected to fall further to the next support level 1.3600.
#USDCAD reversed from long-term resistance level 1.3840
Likely to fall to support level 1.3600
USDCAD currency pair continues to fall after the pair reversed down with the weekly Shooting Star from the major long-term resistance level 1.3840, which has been reversing the pair from 2022.
The resistance level 1.3840 was strengthened by the upper weekly Bollinger Band.
Give the overbought weekly Stochastic, USDCAD currency pair can be expected to fall further to the next support level 1.3600.
For some time, Mr. Durov and a few dozen staffers had no fixed headquarters, but rather traveled the world, setting up shop in one city after another, he told the Journal in 2016. The company now has its operational base in Dubai, though it says it doesn’t keep servers there.Mr. Durov maintains a yearslong friendship from his VK days with actor and tech investor Jared Leto, with whom he shares an ascetic lifestyle that eschews meat and alcohol.
However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
