USD/CAD - Uniglobe Markets
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USD/CAD

May 9, 2022

Trading continues for the price of the US dollar against the Canadian dollar, to settle now around the level of 1.2950. We expect an upward trend for the pair, provided that 1.3000 is not breached. Then we target the price 1.3050 and stop losing at 1.2900.
Support:1.2900
Pivot point: 1.2950
Resistance: 1.30000
The direction of the pair: ascending to 1.2950 levels, provided that 1.2900 levels are not broken