USDCAD is facing 1.3207 resistance, a break of this level would indicate that the upside movement from 1.3041 has resumed, then further rise to 1.3280 area could be seen.
USDCAD is facing 1.3207 resistance, a break of this level would indicate that the upside movement from 1.3041 has resumed, then further rise to 1.3280 area could be seen.
Near term support is at 1.3155, below this level could trigger another fall towards 1.3100.
Disclaimer:
Futures, options, stocks, ETFs and over the counter foreign exchange products may involve substantial risk and may not be suitable for all investors. Leverage can work against you as well as for you. You should therefore carefully consider your investment experience as well as financial condition before deciding if trading is suitable for you.
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