USD/CAD Outlook (7th May 2019)

• USD/CAD rejected resistance level
  

Price Movement
Since yesterday, USD/CAD moved down by around 65pips before moving back up by around 30pips.

Trend
Overall, USD/CAD is trending upwards.

Important Issue
None.

Technical
Yesterday, USD/CAD rejected the resistance level of 1.35000.

Price Levels
Current Price: 1.34411
Next Resistance: 1.35000
Next Support: 1.32900