- USD/CAD heading towards 1.33 level
- U.S. Bank Holiday
Price Movement
USD/CAD is currently bullish.
Trend
USD/CAD has been in a 60pips range for the past one week.
Macro Background
None.
Important Issue
Expect lower trading volatility and volume today as U.S. banks will be closed in observance of Martin Luther King Jr. Day.
Technical
USD/CAD is currently heading towards the 1.33 level.
Price Levels
Current Price: 1.32871
Next Support: 1.31894
Next Resistance: 1.33000