The USDCAD pair takes bids around 1.3365 in early trading.

The pair attempted to record any significant recovery and is presently set close to fresh 1-week lows. The pair stopped the current week’s sharp retracement slide from 2-month tops and discovered some help near mid 1.3300 region.

Support is close to the 1.3330 area, beneath which the pair is probably going to quicken the fall further towards testing the 1.33 round figure mark. On the other side, any important up-move is probably going to go against resistance close to the 1.34 handle.

Rose Alice

About: Rose Alice

Rose Alice has a long experience as a currency analyst with a deep knowledge of the relationship between macroeconomics and currencies fluctuation.


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