USD/CAD is near significant support

The USD/CAD pair was under pressure, under the exacerbation of the risks of a trade war and the weakness of the US dollar. As a result, renewed significant support 1.3500, which meets the lower limit of the two-week uplink. Given the persistence of trading risks and the collapse of the oil market, this pair is prone to growth.

The support and rebound zone is located in the range of 1.3500-1.3470.

Deals for buy should be considered in the range of 1.3510-30.

With further strengthening to resistance levels: 1.3570 and 1.3600.

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Hanzenko Anton

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