USD/CAD Daily Analysis – Friday, July 13

USD/CAD failed to break above 1.3224 resistance and stays in a trading range between 1.3063 and 1.3224. However, another rise to test 1.3224 resistance is still possible and a breakout of this level could trigger further upside movement towards 1.3350. Support is at 1.3130, below this level could bring the price back towards 1.3063 previous low.

USDCAD 4-hour chart

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.