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USD/CAD Outlook (28 July 2020)

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Jin_LCMSTraders  
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 downwards. Recently, USD/CAD broke the support zone of 1.33800.

Currently, USD/CAD is moving towards the resistance zone of 1.33800 and the next support zone is at 1.31800.
Look for selling opportunities of USD/CAD if it bounces off the resistance zone of 1.33800.
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