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USD/CAD Outlook (27 May 2021)

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JinDao_Tai  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Forex macro technical trend USDCAD
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trendanalysis forex macro technical trend usdcad
Overall, USD/CAD is trending downwards. Recently, USD/CAD trended into the resistance zone of 1.21000.

Currently, USD/CAD is testing the resistance zone of 1.21000 and the next support zone is at 1.19000.
Look for short-term buying opportunities of USD/CAD if it breaks the resistance zone of 1.21000.
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