USDCAD 28.12.2021

Technical Analysis
Tuesday, December 28, 2021 - 14:27
Point Trader Group

Overview:

The pair is trading in an uptrend

Expected scenario:

 Continuing trading below the resistance level of 1.3030 may push the pair down to 1.2650

Alternative scenario:

On the other hand, we see that if the 1.3030 level is broken upwards, it may push the pair to rise to 1.3150

 

Resistance levels

1.3030

1.3100

1.3150

 

Support levels

1.2600

1.2550

1.2450

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


Related Topics

REQUEST A CALL BACK

Get financial advice from Point trader group experts

YOU CAN TRUST POINT TRADER GROUP

For Free Expert Financial Advice