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JinDao_Tai
May 20, 2019 9:27 AM

USD/CAD Outlook (20th May 2019) 

U.S. Dollar/Canadian DollarFXCM

Description

  • 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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