USDCAD is facing 1.3444 resistance once again, a break of this level could trigger further upside movement towards 1.3500.
Near-term support is at 1.3365, a breakdown below this level could bring the price back towards 1.3200.
USDCAD Daily Analysis – Tuesday, Dec. 18
USDCAD is facing 1.3444 resistance once again, a break of this level could trigger further upside movement towards 1.3500.
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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