USD/CAD Daily Analysis – Tuesday, December 19

USD/CAD is testing 1.2916 (Oct 27 high) resistance. A breakout above this level could take price to 1.3100 area.

USD/CAD is testing 1.2916 (Oct 27 high) resistance. A breakout above this level could take price to 1.3100 area. Support is at 1.2800, below this level could bring price back towards 1.2713 support. A breakdown below this level could trigger further downside movement to test 1.2623 support.

USDCAD 4-hour chart

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