USD/CAD has been trading in a tight trading range for two days in a row. Market participants are likely awaiting the result of the US Non-Farm Payrolls (NFP) on Friday to find directionality in the pair. The momentum of the last five days has been bearish and bears want to break below the 1.3100 figure in order to resume the bear trend towards 1.3053 and 1.2974 May 9 high. USD/CAD 15-minute chart Spot rate: 1.3131 Relative change: -0.08% High: 1.3162 Low: 1.3112 Trend: Neutral to bearish below 1.3200 Resistance 1: 1.3155 June 18 low Resistance 2: 1.3200 figure Resistance 3: 1.3271 last Friday’s high Resistance 4: 1.3350 figure Resistance 5: 1.3388, 2018 highResistance 6: 1.3543 June 9, 2017 swing high Support 1: 1.3100 figure Support 2: 1.3053 breakout point Support 3: 1.2974 May 9 high FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next FOMC projections imply 4 hikes in 2018 – Rabobank FX Street 3 years USD/CAD has been trading in a tight trading range for two days in a row. Market participants are likely awaiting the result of the US Non-Farm Payrolls (NFP) on Friday to find directionality in the pair. The momentum of the last five days has been bearish and bears want to break below the 1.3100 figure in order to resume the bear trend towards 1.3053 and 1.2974 May 9 high. USD/CAD 15-minute chart Spot rate: 1.3131 Relative change: -0.08% High: … Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
