FX.co ★ Technical analysis of USD/CAD for January 17, 2019

Overview:

The trend of USD/CAD movement was controversial as it took place in a narrow sideways channel, the market showed signs of instability. Amid the previous events, the price is still moving between the levels of 1.3169 and 1.3291. Also, the daily resistance and support are seen at the levels of 1.3169 and 1.3092 respectively.