USD/CAD Daily Analysis – Tuesday, June 25

USD/CAD moved sideways in a trading range between 1.3150 and 1.3228. As long as 1.3228 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.3432, a further decline to 1.3100 area is still possible after the consolidation.

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.

Comments

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