USD/CAD | US Dollar to Canadian Dollar Trading Analysis

USD/CAD | US Dollar to Canadian Dollar Trading Analysis

Written by: PaxForex analytics dept - Monday, 11 May 2020 0 comments

USD/CAD currency pair closes the trading week near the level of 1.3924. The quotes continue moving within the correction and upward channel. The pair is traded inside the Ichimoku Kinko Hyo Cloud. This indicates a sideways trend for the US Dollar Canadian Dollar.

USD/CAD, 30 min

Pivot: 1.3911