USD/CAD broke below 1.3225 support, suggesting that the upside movement from 1.3158 had completed at 1.3269 already.
USD/CAD broke below 1.3225 support, suggesting that the upside movement from 1.3158 had completed at 1.3269 already. Further decline would likely be seen and next target would be at 1.3180 area. Resistance is at 1.3269, only break above this level could trigger another rise towards 1.3350.
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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