USD/CAD extended its upside movement from 1.3015 to as high as 1.3166. Further rise is still possible and next target would be at 1.3200 area. Support is at 1.3114, only a breakdown below this level could signal completion of the uptrend.

USD/CAD extended its upside movement from 1.3015 to as high as 1.3166.
USD/CAD extended its upside movement from 1.3015 to as high as 1.3166. Further rise is still possible and next target would be at 1.3200 area. Support is at 1.3114, only a breakdown below this level could signal completion of the uptrend.

Futures, options, stocks, ETFs and over the counter foreign exchange products may involve substantial risk and may not be suitable for all investors. Leverage can work against you as well as for you. You should therefore carefully consider your investment experience as well as financial condition before deciding if trading is suitable for you.
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