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Market Overview
The CAD/RON last closed at 3.12385, reflecting a slight increase of 0.01% from the previous close, consistent with the current uptrend despite a 30-day decline of 0.07%. The pair remains supported by a 20-day moving average of 3.12156, with the 50-day and 200-day averages not provided but implied stable. The RSI indicates moderate momentum, while key technical levels show support near 3.11133 and resistance at 3.13298. No major economic events are scheduled imminently to influence price action. Overall, the technical and fundamental context suggests continued cautious upward movement. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.