The US dollar remains volatile againts the Canadian dollar as the pair continues to create a range between 1.3300 to 1.3400 levels. The USDCAD pair could form a double top pattern this weekend if the bulls are unable to break above the 1.2450 resistance level. The 1.2300 level is and important pivot point to watch this week for a potential reversal or continuation of the bullish trend.
The USDCAD pair is only bullish when trading above the 1.2300 level, key resistance lies at the 1.2380 and 1.2440 levels.
If the USDCAD pair trades below the 1.2300 level, sellers may test the 1.2250 and 1.2160 levels.
That;s it for now, hope it'll help you to make decisions. Don't forget to like this article amd follow me for more useful information about market, also you'll get energy for giving like to articles that can be converted to FCOIN.
Happy Trading :)
#technicalanalysis# #USD/CAD# #community# #forextrading# #ForexForecast#
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: www.followme.ceo
加载失败()