USDCAD is facing 1.4148 support, a breakdown below this level would indicate that the upside movement from 1.3201 had completed at 1.4667 already, then the pair would find next support at around 1.3900.
USDCAD is facing 1.4148 support, a breakdown below this level would indicate that the upside movement from 1.3201 had completed at 1.4667 already, then the pair would find next support at around 1.3900.
Resistance is at 1.4667, only break above this level could trigger another rise towards 1.4800.
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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