Thursday, October 15, 2026

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FxWirePro: USD/CAD faces strong resistance around 1.3380, good to sell on rallies

Loonie has made a low of 1.3280 and recovered from that level .it is currently trading around 1.3305. Overall trend is still bullish as long as resistance 1.3380 holds. On the higher side minor resistance is around 1.334…

By Lis Howell
1 min read
FxWirePro: USD/CAD faces strong resistance around 1.3380, good to sell on rallies
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Loonie has made a low of 1.3280 and recovered from that level .it is currently trading around 1.3305. Overall trend is still bullish as long as resistance 1.3380 holds.

  • On the higher side minor resistance is around 1.3340 and break above targets 1.3380/1.3435.
     
  • The pair's support is around 1.3280 and below that decline till 1.3240/1.3220 is possible.

It is good to sell on rallies around 1.3350 with SL around 1.3380 for the TP of 1.3280/1.3245.  

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By FxWirePro Team