USDCAD continued its sideways movement in a trading range between 1.3490 and 1.3645.
A breakdown below 1.3490 support could take the price to 1.3300 area, and a breakout above 1.3645 resistance could trigger further upside movement towards 1.3800.
USDCAD Daily Analysis – Monday, July 20
USDCAD continued its sideways movement in a trading range between 1.3490 and 1.3645.
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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