pair has crossed the resistance level
of 1.2201 and it can be said that the formation of the price floor at the rate of 1.2005 has been confirmed. The USDCAD
has moved up from the support level
of 1.2061-1848, and the short-term trend of the US dollar
against the Canadian dollar
is up to the resistance area
of 1.2653-1.263. From the sellers' point of view, with the failure of the support of 1.2155, the short-term market trend will be neutralized.