USD/CAD remains below 1.3750

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The 1.3750 level has been keeping the pair down since early Thursday's trading. As described on Thursday, the pair has been respecting round price levels. Throughout this week, the USD/CAD currency pair has been respecting the resistance of the 1.3800 mark and a zone just above it. Meanwhile, support has been provided by the 1.3600 and 1.3650 levels.

A move above 1.3750 and 1.3800 could encounter resistance in the 1.3850 level and the weekly R2 at 1.3858.

On the other hand, a decline below 1.3600 might find support in the 1.3550 level and the 200-hour simple moving average.
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