USDCAD is now in the downtrend from 1.3119. Further decline could be expected and a breakdown below 1.2961 support could take the price into 1.2850 zone.
Resistance is at 1.3119, only a break of this level could bring the price back towards 1.3200.
Related Posts
US Private-Sector Hiring Picked Up In February
10Y Yields Hit YTD Lows After Miserable Jobs Number
US Dollar Builds Corrective Patterns At Resistance Zone
AUD/USD Softens Below 0.6750, With All Eyes On US Employment Data
Trickle-Down, With The Emphasis On “Trickle”
E
Fed Chicken And Egg Conundrum; Dimon Proves Will Rogers Right; Banks Broke
Leave A Comment