USDCAD-Technical Analysis - Uniglobe Markets

USDCAD-Technical Analysis

Posted on December 6, 2017 at 11:59 AM

We expect the USD / CAD pair to fall below 1.25500

As the first target and this shows from the price attack on the 50 and 100 moving averages and then we expect the price to fall at least 100 points and then we will study the direction of the US dollar against the Canadian dollar from this price as it is a pivotal station

Support: 1.2550 – 1.2600 – 1.2750

Resistance: 1.2850 – 1.2950 – 1.30000

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