USD/CAD Outlook (12 May 2021)

U.S. Dollar/Canadian DollarFXCM

Description

⋅ May 12, 2021 1:11 AM

Overall, USD/CAD is trending downwards.

Currently, USD/CAD is testing the support zone of 1.21000 and the next resistance zone is at 1.22400.
Look for selling opportunities of USD/CAD if it breaks the support zone of 1.21000.