USD/CAD analysis by the Mallicast team.
The USD/CAD pair has been experiencing a range-bound movement on the monthly timeframe for quite some time. However, our forecast for the end of August is that the price will first drop to the 1.34003 level, followed by an upward move towards 1.40698. After that, we expect the price to decline again to the 1.30874 level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.