FX.co ★ USD/CAD

Hello traders, The USD/CAD price continued to decline last week, but it didn't quite reach the support zone around 1.3730 that interests me. Therefore, I expect the pair to continue its decline next week, and I plan to consider buying from the mentioned zone. Monday is likely to be dull, but on Tuesday, with the release of US labor market data, we may experience increased volatility. If there is a rebound from 1.3730, I anticipate seeing a subsequent rise towards 1.3870. However, if the support zone I mentioned is broken downwards, in that scenario, the price may drop further towards 1.3600.