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JinDao_Tai

USD/CAD Outlook (26 October 2021)

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JinDao_Tai  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Forex macro technical trend USDCAD Contains image
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trendanalysis forex macro technical trend usdcad containsimage
Overall, USD/CAD is trending downwards. Recently, USD/CAD bounced down from the key level of 1.24.

USD/CAD’s next support zone is at 1.22600 and the next resistance zone is at 1.24500.
Look for short-term selling opportunities of USD/CAD.
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