Jin_LCMSTraders

USD/CAD Outlook (29 July 2020)

FX:USDCAD   U.S. Dollar / Canadian Dollar
Overall, USD/CAD is trending downwards. Recently, USD/CAD moved into the resistance zone of 1.33800.

Currently, USD/CAD is testing the resistance zone of 1.33800 and the next support zone is at 1.31800.
If USD/CAD bounces off the resistance zone of 1.33800, look for short-term selling opportunities up until the U.S. interest rate decision tomorrow at 0200 ( SGT ).
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