{"id":231626,"date":"2019-07-04T13:14:19","date_gmt":"2019-07-04T17:14:19","guid":{"rendered":"http:\/\/insidebitcoins.com\/?p=231626"},"modified":"2023-07-12T09:36:49","modified_gmt":"2023-07-12T09:36:49","slug":"usdcad-may-reach-1-2977-level","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/usdcad-may-reach-1-2977-level","title":{"rendered":"USDCAD May Reach $1.2977 Level"},"content":{"rendered":"
USDCAD price is moving down towards the demand level of $1.2977 in which it may be its target provided there is no interruption from the Bulls.<\/p>\n
Supply levels: $1.3111, $1.3207, $1.3367
\nDemand levels: $1.2977, $1.2783, $1.2638<\/p>\n
<\/p>\n
USDCAD is under the bearish momentum on the long-term outlook. GBPUSD price was above the $1.3111 level last week. The level could not hold the price as the Bears exerted a pressure. The Bears broke down the $1.3111 level on June 27, observed a pullback on July 01 and later continue its bearish trend. The price is heading towards $1.2977 demand level.<\/p>\n