USD/CAD Technical Analysis For September 21, 2020 By FX Empire

by birtanpublished on September 26, 2020

Hi this is lad from effects empire the pair managed to settle above the 50 ema at 1.3250 and gain strong upside momentum rsi is still in the moderate territory so there is plenty of room to gain momentum

In case the right catalysts emerge the nearest resistance level is located at 1.3330 a move above its resistance level will open the weight of the test of the next resistance

At 1.34 on the support side the previous resistance at the 50 ema will serve as the first support level for the pair in case the pair gets below the 50 ema it will head towards the next support

Level at 1.32 have a nice day and good luck

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