USD/CAD Is Stuck Near The Support At 1.4180 – 1.4200

usd_cad_forex_1USD/CAD is mostly flat amid lack of strong catalysts. Other commodity-related currencies are moving higher in today’s trading session.

In case USD/CAD settles back above the support level at 1.4180 – 1.4200, it will move towards the 50 MA at 1.4277. A move above the 50 MA will push USD/CAD towards the resistance level at 1.4330 – 1.4350.

USD/CAD


Leave a Reply