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12.08.2025 07:52 AM
Although the Lonnie bias remains strong, the appearance of a divergence on the RSI(14) indicates a correction. Tuesday, August 12, 2025.

[USD/CAD] – [Tuesday, August 12, 2025]

Despite the appearance of divergence between the RSI(14) and the Lonnie price movements, the golden cross between EMA(50) and the EMA(200) indicates continued strengthening.

Key Levels

1. Resistance. 2: 1.3821.

2. Resistance. 1: 1.3797.

3. Pivot: 1.3771.

4. Support: 1: 1.3747.

5. Support: 2: 1.3721.

Tactical Scenario

Positive Reaction Zone: If the price breaks out and closes above 1.3797, the London pair will continue to strengthen to test the next resistance level of 1.3821.

Momentum Extension Bias: If the 1.3821 level is broken and closes above it, USD/CAD will continue to strengthen to 1.3847.

Invalidation Level / Bias Revision

Upside bias weakens when the price falls and breaks out and closes below 1.3721.

Technical Summary

EMA(50): 1.3771.

EMA(200): 1.3762.

RSI(14): 44.83 + Divergent

Economic News Release Agenda:

Canada will release economic data: CAD - Building Permits m/m - 19:30 WIB.

The US market will release the following economic data this afternoon and evening:

US - NFIB Small Business Index - 17:00 WIB.

US - Core CPI m/m - 19:30 WIB.

US - CPI m/m - 19:30WIB.

US - CPI y/y - 19:30 WIB.

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