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USD/CAD Outlook (17th October 2019)

Dollar A.S. / Dollar Kanada (FX:USDCAD)  
JinDao_Tai  
FX:USDCAD   Dollar A.S. / Dollar Kanada
Trend Analysis Forex macro technical trend USDCAD
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trendanalysis forex macro technical trend usdcad
Overall, USD/CAD is ranging across. Recently, USD/CAD is trending downwards.

Yesterday, The Canadian CPI data released was worse than forecasted.
• CPI m/m (Actual: -0.4%, Forecast: -0.3%, Previous: -0.1%)

USD/CAD’s next support level is at 1.31500 and the next resistance level of 1.33300.
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