Further downward movement expected for the USD/CAD?
The USD/CAD exchange rate recorded an increase of 0.18% today and currently stands at CAD$1.3234. Since the end of May, the price has been on a downward trend, with the last low on June 16. was reached at around CAD$1.3178. The last high was on 26.05. recorded at around CAD$1,3653. The next resistance is at…