USD/CAD Technical Analysis.

FX:USDCAD   U.S. Dollar / Canadian Dollar
Currently, USD/CAD is trading at 1.3160. The pair is trading in a side ways trend after rebounding from its resistance level , It can move in either ways UP or DOWN. So, accordingly plotted entry levels and target prices. If the price breaks resistance level at 1.3179 it can move upward and hit the up target at 1.3242. If price breaks support level at 1.3128 it can move downward and hit down target at 1.3055.

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Rishikesh Lilawat


Hi, do you see if it will continue to move upward?
@kestime1, Hi, yes USD/CAD can go up if it breaks 1.3242 level.