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USD/CAD Outlook (16th August 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
Overall, USD/CAD is trending upwards. Recently, USD/CAD’s uptrend movement is hindered by the resistance level of 1.33300. Just yesterday, USD/CAD tested and rejected the resistance level of 1.33300.

At the moment, USD/CAD is bouncing-off the resistance level of 1.33300 and testing the key level of 1.33. The next support level is at 1.31800.
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