Overall, USD/CAD is ranging across. Recently, USD/CAD broke the support zone of 1.26100 after the release of the strong U.S. inflation data, leading to the weakening of USD.
Currently, USD/CAD is testing to break below the key level of 1.25. Its next support zone is at 1.24500 and its next resistance zone is at 1.26100.
Look for short-term selling opportunities of USD/CAD if it breaks below the key level of 1.25.
Currently, USD/CAD is testing to break below the key level of 1.25. Its next support zone is at 1.24500 and its next resistance zone is at 1.26100.
Look for short-term selling opportunities of USD/CAD if it breaks below the key level of 1.25.
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Join my mailing list jindaotai.com/joinme
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.