USDCAD is facing 1.3485 support. A breakdown below this level could trigger another fall towards 1.3300.
Near term resistance is at 1.3550, above this level could bring the price back to test 1.3645 resistance.
USDCAD Daily Analysis – Thursday, July 16
USDCAD is facing 1.3485 support. A breakdown below this level could trigger another fall towards 1.3300.
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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