USDCAD looks to extend medium term upside pressure following its higher close the past week. Support comes in at the 1.3350 level where a break will aim at the 1.3300 level. Further down, support comes in at the 1.3250 level where a turn lower may occur. But if further weakness is triggered support comes in at the 1.3200 level. Conversely, resistance lies at the 1.3450 level where a violation will target the 1.3500 level. Further up, resistance resides at the 1.3600 level and then the 1.3650 level. All in all, USDCAD looks to strengthen further medium term.
NOTE: many traders trust their accounts to automated trading. If you are beginner at financial market, trade with help of our best forex robot developed by our programmers. You can try forex robot free download and to test results in your Metatrader.
Signal2forex.com - Best Forex robots and signals
