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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

USDCAD 13.12.2021

Technical Analysis
Monday, December 13, 2021 - 10:34
Point Trader Group
USDCAD 13.12.2021

Overview:

The pair is trading in an upward direction

Expected scenario:

The pair formed positive signs, which could push it to rise to 1.2830, provided that trading continues above 1.2675

Alternative scenario:

On the other hand, we see that if 1.2675 is broken down, this pair may fall to 1.2635

 

Resistance levels

1.2830

1.2860

1.2900

 

Support levels

1.2675

1.2650

1.2600

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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