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USDCAD September, 21 2020
Overview:
The chart above shows that the pair is trading above a strong support level around 1.3000, which enhances the chances of a bullish move during the upcoming period
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 1.3400
Alternative Scenario:
On the other hand, we believe that if the 1.3300 level is broken to the downside, this pair might push down to 1.2900
| Resistance | 1.3400 | 1.3450 | 1.3500 |
| Support | 1.3300 | 1.3100 | 1.2900 |
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