USDCAD TECHNICAL ANALYSIS SHORT TERM VIEW
USDCAD running in positive trend and its immediate strong support are1.3688 to1.3706 level . Overall Stop loss is 1.3675 level and it can rise towards 1.3760 level because 15 minutes chart showing wave 3 or c pattern and it can sharply jump over 1.3760 level .
QUICK FUNDAMENTAL LOOK
The Canadian dollar weakened beyond 1.37 per USD, nearing the month’s low of 1.373 observed on May 23rd, as US dollar strength weighed on the currency pair.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.