USDCAD continued its upside movement from 1.3035 and the rise extended to as high as 1.3252.
USDCAD continued its upside movement from 1.3035 and the rise extended to as high as 1.3252. Further rise could be expected in a couple of days and next target would be at 1.3300 area.
Near term support is at 1.3189, only a break below this level could bring the price back towards the rising trend line on the 4-hour chart.
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.