USD/CAD is near significant support - Ester Holdings
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USD/CAD is near significant support

After a rapid decline on the sale of the US dollar, the USD/CAD pair approached a significant support of 1.3260-50, which corresponds to the lower limit of the two-year uplink. From this level, we can expect the formation of an upward correction after the pair leaves the flat.

Deals fro buy should be considered above levels: 1.3280 and 1.3300.

This will open the way to resistance levels: 1.3350 and 1.3380. Support is located at the levels: 1.3260 and 1.3240, updating of which cancels expectations for growth.


Read also: “Stata bonds, as a factor to buy one or another currency”

Hanzenko Anton


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