ByJin Dao Tai
JUL 16, 2021

Overall, USD/CAD is trending upwards. Recently, USD/CAD trended into the resistance zone of 1.26100.
The Canadian Housing Starts data (Forecast: 269K, Previous: 276) will be released later at 2015 (GMT+8).
Currently, USD/CAD is testing the resistance zone of 1.26100 and the next support zone is at 1.24800.
Look for short-term buying opportunities of USD/CAD if it breaks the resistance zone of 1.26100.
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