USD/CAD is near a strong support

The USD/CAD  pair was under the pressure due to trade uncertainty. But at the same time, the pair maintains a general uptrend in recent months. This may lead to purchases on the return of the pair above the level of 1.3300-20 and the formation of a reversal. Support levels are located at 1.3280 and 1.3260, which are expected to form a reversal. Resistance and goals are located at 1.3360 and 1.3400.

Read also: “U.S. trade opposition. What are the risks? ”

Hanzenko Anton

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