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Market Focus: USDCAD AUDUSD

jeffriess
เมษายน 22, 2020
by Joseph Jeffriess, Market Analyst

Today’s video report

We look at the USDCAD and AUDUSD, the $/C continues to be held back by resistance and supply that goes back to March. Could this level start a new decline?

The A/$ has seen a solid session so far based on a weaker USD and robust retail sales data. Looking at current price action, could a continuation be forming?

Daily chart support and resistance 

Support – USDCAD 1.4115 – AUDUSD .6277

Resistance – USDCAD 1.4220 – AUDUSD .6367

Market Update Video 

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