Philippines
2020-04-18 22:14
Market analysisUSD/CAD Forecast
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Market analysis:
The USD/CAD is supported at 1.3950, 1.3875 and 1.3780 with resistance lines at 1.4110, 1.4200 and 1.4360 from price action over the past month. Though the volatility has been high since the global onset of the virus in early March, price action has begun to establish levels of interest and the longer the USD/CAD remains in these ranges the greater the chance that transitory developments will be contained there.
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USD/CAD Forecast
Philippines | 2020-04-18 22:14
The USD/CAD is supported at 1.3950, 1.3875 and 1.3780 with resistance lines at 1.4110, 1.4200 and 1.4360 from price action over the past month. Though the volatility has been high since the global onset of the virus in early March, price action has begun to establish levels of interest and the longer the USD/CAD remains in these ranges the greater the chance that transitory developments will be contained there.
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