USD/CAD resumes a decline

The USD/CAD pair in the conditions of maintaining the downtrend of recent days and the weakness of the US dollar, looks very promising for the continuation of the decline, which is confirmed by the exit from the two-month side channel.

Deals for sales should be considered below the zone 1.3190-80, which will confirm keeping the downward trend in recent days.

Resistance is located at 1.3210 and 1.3240. Significant support and goals are marks: 1.3140 and 1.3100.

Read also: “A new front opens in the trade war”

Hanzenko Anton

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