USD/CAD moved sideways in a trading range between 1.3376 and 1.3520.
USD/CAD moved sideways in a trading range between 1.3376 and 1.3520. Another fall towards 1.3376 support could be expected, a breakdown below this level could take the price to 1.3300 area. Near term resistance is at 1.3455, above this level could trigger another rise to test 1.3520 resistance.
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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