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

  Disclosure of risk:     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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