- 15th March 2019
- Posted by: muffeeda Ibrahim
- Category: FOREX LATEST NEWS DAILY, International
USD/CAD presently trades near 1.3310 during early Friday.
Ever since the quote reversed from 1.3465/70 late last week, it follows a downward sloping trend-line, at 1.3360 now.
Unless the pair breaks 1.3360, sellers can aim for 1.3285 and 1.3240/35 area that includes February-end highs.
Given the bears’ refrain from respecting 1.3235, 1.3180, 1.3150 and 1.3110 could appear on their radar to target.
If at all prices break 1.3360 upside barrier, buyers can aim for 1.3390 ahead of confronting the 1.3465/70 region for one more time.
Additionally, 1.3500, 1.3550 and 1.3575 are likely following numbers that can please bulls past-1.3470.