Resistance: 1.0015 strong/1.0040 moderate/1.0060 minor Support: 0.9996 moderate/0.9971 minor/0.9952 minor USDCAD has a bias for the sell-side. Hourly charts also have a Bearish Engulfing confirming market direction though proximity to a moderate support at 0.9996 suggests we should wait for a close below it before jumping short. The immediate target of any sell-off is 0.9971 break of which sees 0.9952.
This website uses cookies to improve your experience. By continuing to use our site you agree to their useAccept Read More
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.