USD/CAD remains weak but is nearing the 1.2589 (29/12/2018 high) resistance after a slight decrease close to the 1.2403 (15/01/2018) resistance that was slightly broken. Further resistance is given at 1.2624 (05/12/2017). Expected to show renewed short-term weakness. •
In the longer term, the pair has broken longterm support that can be found at 1.2461 (16/03/2015 low). New support point is identified at 1.2101 (17/04/2015 low). Strong resistance is given at 1.4690 (22/01/2016 high). The pair is likely to head lower.
 resistance after a slight decrease close to the 1.2403 (15/01/2018) resistance that was slightly broken. Further resistance is given at 1.2624 (05/12/2017). Expected to show renewed short-term weakness. •){kind=link}