USD/CAD Outlook (26 November 2019)

Overall, USD/CAD is trending upwards. Recently, USD/CAD has been ranging across.
The Canadian retail sales data released last Friday were overall positive and the Canadian dollar strengthened slightly.

Core Retail Sales m/m (Actual: 0.2%, Forecast: -0.1%, Previous: -0.1% revised from -0.2%)
Retail Sales m/m (Actual: -0.1%, Forecast: -0.3%, Previous: 0.1% revised from -0.1%)

Currently, USD/CAD is moving towards the resistance level of 1.33300 and its next support level is at 1.31800.
Look for buying opportunities of USD/CAD if it breaks the resistance level.