USDCAD extended its downside movement from 1.3382 to as low as 1.3133.
Further decline is still possible and next target would be at 1.3100 area. Resistance is at 1.3191, a break of this level could bring the price back to 1.3260 zone.

USDCAD extended its downside movement from 1.3382 to as low as 1.3133.
USDCAD extended its downside movement from 1.3382 to as low as 1.3133.
Further decline is still possible and next target would be at 1.3100 area. Resistance is at 1.3191, a break of this level could bring the price back to 1.3260 zone.

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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