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USD/CAD Outlook (14th August 2019)

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JinDao_Tai  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Forex macro technical trend USDCAD
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trendanalysis forex macro technical trend usdcad
Overall, USD/CAD is trending upwards. Yesterday, the recently resumed uptrend was reversed by the announcement of the U.S. delaying tariffs on imported Chinese goods, sending USD/CAD down to test the support level of 1.31800 but eventually bounced back up.

At the moment, USD/CAD is moving away from the support level of 1.31800 and towards the resistance level of 1.33300.
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