USD/CAD Outlook (25 January 2022)

Overall, USD/CAD is trending downwards. Recently, USD/CAD broke the resistance zone of 1.26100 and bounced down from the key level of 1.27.

Currently, USD/CAD is trading towards the support zone of 1.24500 and its next resistance zone is at 1.29200.
Look for short-term buying opportunities of USD/CAD if it bounces off the support zone of 1.26100.
ForexmacrotechnicaltrendTrend AnalysisUSDCAD

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