2019 - 2020 USD/CAD Canadian dollar exchange rate Long term forecast, 1.335 1.365 and 1.423 - Forex trading today
Forex trading USD/CAD : Canadian dollars remain unchanged, are relatively stronger than other currencies. What does this mean?
The market gives opportunities to buy USDCAD. USDCAD are likely to go up bit by bit for a while. And then, They may surge. The support is 1.335. 1.3644 is a meaningful price level, and 1.423 could be a resistance. If they drop, it will be a good opportunity to buy. In the long term, they are on the upward trend.
[USD CAD rate weekly chart]
The market gives opportunities to buy USDCAD. USDCAD are likely to go up bit by bit for a while. And then, They may surge. The support is 1.335. 1.3644 is a meaningful price level, and 1.423 could be a resistance. If they drop, it will be a good opportunity to buy. In the long term, they are on the upward trend.
[USD CAD rate weekly chart]