USD/CAD broke above 1.2924 resistance and is now facing 1.2997 resistance. A breakout of this level would take the price to 1.3100 area. Near term support is at the rising trend line on the 4-hour chart, only a clear break below the trend line support could bring the price back to test 1.2728 support.
(Click on image to enlarge)





Comments
Log in or sign up to join the conversation.