USD/CAD Outlook (10 December 2019)

Overall, USD/CAD is moving across. Recently, USD/CAD moved lower after Congressional sources said that a proposed deal on USMCA (United States Mexico Canada Agreement) has been sent to the U.S. House of Representatives Speaker Nancy Pelosi who will decide whether and when to bring the USMCA to a vote.
USD/CAD’s next support level is at 1.31800 and the next resistance level is at 1.33300.
Stay out of USD/CAD for now.