USDCAD is facing 1.2986 support, a breakdown below this level could trigger another fall towards 1.2800.
Resistance levels are at 1.3055 and 1.3103, only break above these levels could take the price to 1.3200 area.
USDCAD Daily Analysis – Monday, August 27
USDCAD is facing 1.2986 support, a breakdown below this level could trigger another fall towards 1.2800.
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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