The USDCAD pair showed a downward movement yesterday after the Bank of Canada left interest rates unchanged but adding hawkish commentary.
As long as the pair stays above 1.3181 on a daily basis, the fall may pause and the resistance level can be seen at 1.3233 again. On the other hand, If the price breaks down below 1.3181, we will see the support level at 1.3123.
Support : 1.3181 - 1.3123 - 1.3071
Resistance : 1.3233 - 1.3287 - 1.3344
05 Dec 19 (Thu)