FX.co ★ Technical analysis of USD/CAD for July 06, 2018

The USD/CAD pair at the Daily chart still moving in a Bullish bias. This can be seen by the price still moving in an Up Slope Channel and above the Moving Average Periode 50. After we see the correction from this pair we've spotted the Stochastic is already at Oversold condition, now there is a possibility for this pair to go up to test its nearest Resistance at 1.3385 level.

(Dsiclaimer)