USD/CAD is stuck in a tight 35-pip trading range this Friday. USD/CAD is keeping a bearish bias as long as it stays contained below the 1.3120-1.3150 zone. Bearish targets to the downside are located near 1.3053-1.3066 area and 1.2974 May 9 high. Earlier, the Gross Domestic Product Annualized (GDP) for the second quarter came in line with expectations at 4.1% while the Core Personal Consumption Expenditures for the second quarter came slightly below expectations at 2% versus 2.2% forecast. However, the data had no influence on USD/CAD. USD/CAD 15-minute chart Spot rate: 1.3061 Relative change: -0.09% High: 1.3081 Low: 1.3041 Trend: Bearish Resistance 1: 1.3100-1.3120 figure and supply/demand level Resistance 2: 1.3155 June 18 low Resistance 3: 1.3200 figure Resistance 4: 1.3271 June 29 high Resistance 5: 1.3350 figure Resistance 6: 1.3388, 2018 high Resistance 7: 1.3543 June 9, 2017 swing high Support 1: 1.3053-1.3066 area June 5 swing high and July 9 low Support 2: 1.2974 May 9 high Support 3: 1.2900 figure 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 USD/CAD trades flat below 1.31 despite broad-based USD weakness FX Street 5 years USD/CAD is stuck in a tight 35-pip trading range this Friday. USD/CAD is keeping a bearish bias as long as it stays contained below the 1.3120-1.3150 zone. Bearish targets to the downside are located near 1.3053-1.3066 area and 1.2974 May 9 high. Earlier, the Gross Domestic Product Annualized (GDP) for the second quarter came in line with expectations at 4.1% while the Core Personal Consumption Expenditures for the second quarter came slightly below expectations at 2% versus 2.2% forecast. However, the data had no influence on USD/CAD. USD/CAD 15-minute chart Spot rate: … Regulated 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.
