USD/CAD extended its upside movement from 1.2884 to as high as 1.3081, breaking above 1.3064 resistance.
USD/CAD extended its upside movement from 1.2884 to as high as 1.3081, breaking above 1.3064 resistance. Further rally could be expected after a minor consolidation and next target would be at 1.3200 area. Near term support is at 1.2980, as long as this level holds, the uptrend will continue.
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.
Comments
Log in or sign up to join the conversation.