Although the Lonnie bias remains strong, the appearance of a divergence on the RSI(14) indicates a correction. Tuesday, August
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
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[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 Levels1. Resistance. 2: 1.3821.2. Resistance. 1: 1.3797.3. Pivot: 1.3771.4. Support: 1: 1.3747.5. Support: 2: 1.3721.Tactical ScenarioPositive 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
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