Get started
charliedavies770

USDCAD ANALYSIS ON H4 CHART.

Short
U.S. Dollar / Canadian Dollar (FOREXCOM:USDCAD)  
charliedavies770  
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Fundamental Analysis USDCAD forextraders forexanalysis forexsignals
0
0
trendanalysis indicator fundamental usdcad forextraders forexanalysis forexsignals
Overall, USD/CAD is ranging across. Recently, USD/CAD broke below the key level of 1.28.

The Canadian employment data released last Friday indicated a strong rebound in the jobs market from the previous month’s loss of jobs.

- Employment Change (Actual: 336.6K, Forecast: 132.0K, Previous: -200.1K)
- Unemployment Rate (Actual: 5.5%, Forecast: 6.2%, Previous: 6.5%)
USD/CAD’s next support zone is at 1.26100 and the next resistance zone is at 1.29200.
Look for short-term selling opportunities of USD/CAD.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.