USD/CAD Outlook (07 January 2020)

2020-01-07 14:12:08

Overall, USD/CAD is trending downwards. Recently, USD/CAD trended lower after several failed attempts at breaking the key level of 1.30 upwards.
USD/CAD’s next support level is at 1.29200 and the next resistance level is at 1.30600.
Look for short-term selling opportunities of USD/CAD.