USDCAD Daily Analysis - Friday, July 28

Analyst and Forex Trader • Jul 28, 2023 at 7:13 AM EDT

USDCAD is currently testing the 1.3242 resistance level once again.

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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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