USD/CAD Outlook (15 January 2020)

2020-01-15 13:46:14

Overall, USD/CAD is trending downwards. Recently, USD/CAD has been ranging within 50pips.
USD/CAD’s next support level is at 1.29700 and the next resistance level is at 1.31800.
With the poor U.S. CPI data release, look for short-term selling opportunities of USD/CAD.