USD/CAD Outlook (03 March 2020)

2020-03-03 13:05:03

Overall, USD/CAD is trending upwards. Recently, USD/CAD tested but failed to break the support level of 1.33150.
G7 meetings will be held today to discuss on the measures to deal with the economic impact of the coronavirus outbreak.
USD/CAD’s next support level is at 1.33150 and its next resistance level is at 1.34400.
Stay out of USD/CAD for now.