ByJin Dao Tai
JUN 30, 2021
Overall, USD/CAD is trending upwards.
The Canadian GDP m/m data (Forecast: -0.8%, Previous: 1.1%) will be released later at 2030 (GMT+8).
Currently, USD/CAD is testing to break above the key level of 1.24. Its next support zone is at 1.22600 and the next resistance zone is at 1.24800.
Look for short-term buying opportunities of USD/CAD if it breaks above the key level of 1.24.
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