English
USDCAD July, 29 2020
Overview:
The chart above shows that the pair is trading above a strong support level around 1.3340, which enhances the chances of an upward movement during today's trading
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 1.3400
Alternative Scenario:
On the other hand, we see that if the 1.3340 level breaks down, it could push this pair down to 1.3300
| Resistance | 1.3400 | 1.3425 | 1.3450 |
| Support | 1.3340 | 1.3320 | 1.3300 |
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
Latest News
Thursday, April 18, 2024 - 17:46
Wednesday, April 17, 2024 - 19:07
Tuesday, April 16, 2024 - 17:54
Tuesday, April 16, 2024 - 17:32
Latest Economic Analysis
Tuesday, May 16, 2023 - 23:36
Tuesday, April 25, 2023 - 15:59
Tuesday, April 18, 2023 - 22:22
Tuesday, April 04, 2023 - 17:13
Latest Education Articles
Friday, July 14, 2023 - 19:25
Thursday, February 13, 2020 - 21:24
Thursday, January 30, 2020 - 14:39
Friday, January 17, 2020 - 13:00
