USD/CAD: Short-term resistance at 1,3670/1,3700 – Scotiabank

FXStreet – The short-term perspective for the currency pair is neutral to bearish. The first key resistance area is located at 1,3670/1,3700, said Eric Sum, FX strategist at Scotiabank.

Important Quotes:

The currency pair USD/CAD has support at 1,3650. Then he tested the area around 1.3600 for. The bullish momentum signals returned in the neutral range. In the short term, the focus is now on the 21 day line at 1,3623.

Supports should be located between 1.3600 for and 1,3550. Short-term Resistances are between located 1,36080 and 1,3700.

** FXStreet News Editorial, FXStreet**

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