USD/CAD Daily Analysis – Thursday, March 29

USD/CAD is facing 1.2948 resistance. A breakout of this level would indicate that the downtrend from 1.3124 had completed at 1.2814 already, then the following upside movement could take price to next resistance level at 1.3000, followed by 1.3124. Support is at 1.2803, only a breakdown below this level could trigger another fall towards 1.2650.

USDCAD 4-hour chart

Print Friendly, PDF & Email
No tags for this post.

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *