FX.co ★ Technical analysis and trading recommendations for the USDCAD currency pair as of January 23, 2018

The USD/CAD pair is traded close to the level of 1.2400 for a few week and established a lateral movement. Currently, the quotation is at 1.2450, showing a variable "bearish" interest. Probably, the pair will continue to move within 1.2500 / 1.2470, which is currently headed towards the lower border.

Key Levels

Resistance - 1.2500 *; 1.2580 *; 1.2660

Support - 1.2400; 1.2340 *; 1.2200

* Periodic level