USD/CAD Outlook (11 November 2019)
2019-11-11 14:11:05
Overall, USD/CAD is trending downwards. Recently, USD/CAD broke out of the range, trended higher after the release of the worse than forecasted Canadian employment data.
Employment Change (Actual: -1.8K, Forecast: 14.7K, Previous: 53.7K)
Unemployment Rate (Actual: 5.5%, Forecast: 5.5%, Previous: 5.5%)
Look for buying opportunities of the USD/CAD.
USD/CAD next support level is at 1.31800 and the next resistance level is at 1.33300.