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USD/CAD Outlook (11 June 2021)

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USD/CAD Outlook (11 June 2021)

ByJin Dao Tai

 JUN 11, 2021

USD/CAD Outlook (11 June 2021)

Overall, USD/CAD is ranging across.

Day 1 of the G7 meetings will be held today. During this time, there may be volatility in the market. Also, day 2 and 3 of the meetings will be held over the weekend.

Currently, USD/CAD is testing the resistance zone of 1.21000 and the next support zone is at 1.19000.

Look for short-term buying opportunities of USD/CAD if it breaks the resistance zone of 1.21000.

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