USDCAD Daily Analysis - Friday, July 28

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USDCAD is currently testing the 1.3242 resistance level once again. If the price manages to break through this level, it could rise towards the next resistance level at 1.3300, followed by 1.3386.

On the other hand, there is also immediate support at 1.3190. If the price were to break down below this level, it could trigger another fall towards the 1.3092 support level.


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Disclaimer: 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 ...

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