USD/CAD

May 3, 2022

Trading continues for the price of the US dollar against the Canadian dollar, to settle now around the level of 1.2850. We expect an upward trend for the pair, provided that 1.2900 is not breached. Then we target the price 1.2950 and stop losing at 1.2800.
Support:1.2800
Pivot point: 1.2860
Resistance: 1.2950
The direction of the pair: ascending to 1.2860 levels, provided that 1.2900 levels are not broken

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USD/CAD

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