USD/CAD Daily Analysis – Wednesday, Oct. 31


USD/CAD remains in the uptrend from 1.2782. Further rise is still possible after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.3065, a breakdown below this level could bring the price back towards the bullish trend line on the 4-hour chart.

USDCAD 4-hour chart

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *