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JinDao_Tai

USD/CAD Outlook (22 July 2021)

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JinDao_Tai  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Forex macro technical trend USDCAD
5
0
trendanalysis forex macro technical trend usdcad
Overall, USD/CAD is trending upwards. Recently, USD/CAD broke the support zone of 1.26100.

Currently, USD/CAD is moving towards the resistance zone of 1.26100 and the next support zone is at 1.24500.
Look for short-term selling opportunities of USD/CAD if it bounces off the resistance zone of 1.26100.
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