USD/CAD Outlook (8 November 2019)

2019-11-08 14:10:51

Overall, USD/CAD is trending downwards. Recently, USD/CAD has been ranging across within 100pips.
Currently, USD/CAD is testing the resistance level of 1.31800 and the next support level is at 1.30600.
Due to trade war optimism, look for buying opportunities if USD/CAD breaks above the key level of 1.32.