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JinDao_Tai
Dec 14, 2021 12:16 AM

USD/CAD Outlook (14 December 2021) Long

U.S. Dollar/Canadian DollarFXCM

Description

Overall, USD/CAD is trending upwards. Recently, USD/CAD bounces up from the key level of 1.27.

Currently, USD/CAD is testing to break above the key level of 1.28. Its next support zone is at 1.26100 and the next resistance zone is at 1.29000.
Look for short-term buying opportunities of USD/CAD if it breaks above the key level of 1.28.
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