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JinDao_Tai

USD/CAD Outlook (20th May 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
  • USD/CAD rejected resistance level

Price Movement
Since last Friday, USD/CAD moved up by around 30pips before moving back down by around 75pips.

Trend
USD/CAD is ranging across.

Important Issue
None.

Technical
Last week, USD/CAD tested and rejected the resistance level of 1.35000.

Price Levels
Current Price: 1.34412
Next Resistance: 1.35000
Next Support: 1.32900
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