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170522 USDCAD-Noon

by | May 17, 2022 | USD/CAD | 0 comments

USDCAD, Daily: USDCAD was traded lower following prior breakout below the previous support level. MACD which illustrated increasing bearish momentum suggest the pair to extend its losses.

 

Resistance level: 1.2890, 1.3050

Support level: 1.2720, 1.2485