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FxWirePro: USD/CAD trades above major resistance 1.3280, good to buy at dips

Lonnie breaks major resistance 1.3280 and jumped till 1.3317. Short term weakness can be seen only below 1.3200 holds. Any break below 1.3200 will drag the pair down till 1.3140/1.3050. Overall weakness only below 1.3030…

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FxWirePro: USD/CAD trades above major resistance 1.3280, good to buy at dips
Image from the original EconoTimes article

Lonnie breaks major resistance 1.3280 and jumped till 1.3317. Short term weakness can be seen only below 1.3200 holds.

  • Any break below 1.3200 will drag the pair down till 1.3140/1.3050. Overall weakness only below 1.3030.
     
  • On the higher side minor resistance is around 1.3320 and break above targets 1.3545/ 1.3685

 It is good to buy at dips around 1.3250-55 with SL around 1.3200 for the TP of 1.3540/1.3600.

 

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