USD/CAD Outlook (16 June 2020)
Overall, USD/CAD is trending downwards. Recently, USD/CAD rejected the resistance zone of 1.364.
USD/CAD’s next support zone is at 1.34400 and the next resistance zone is at 1.36400.
Look for short-term selling opportunities of USD/CAD up until the release of the U.S. retail sales data later at 2030 (SGT).
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