USDCAD is facing 1.4182 resistance, a break of this level could signal resumption of the uptrend from 1.3854, then next target would be at 1.4400 area.
USDCAD is facing 1.4182 resistance, a break of this level could signal resumption of the uptrend from 1.3854, then next target would be at 1.4400 area. Support is at 1.3960, a breakdown below this level could trigger another fall towards 1.3854 support.
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.