USD/CAD Outlook (29 November 2021)

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Overall, USD/CAD is trending upwards.

Bank of Canada (BoC) Governor Macklem will be speaking tomorrow at 0300 (GMT+8).
Also, BoC committee member Schembri will be speaking tomorrow at 0605 (GMT+8).
During these times, there may be volatility in CAD.

USD/CAD’s next support zone is at 1.26100 and the next resistance zone is at 1.29000.
Look for short-term buying opportunities of USD/CAD.

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