USDCAD moved sideways in a trading range between 1.3287 and 1.3347.
USDCAD moved sideways in a trading range between 1.3287 and 1.3347. As long as 1.3287 support holds, the uptrend could be expected to resume, further rise towards 1.3400 is still possible.
On the downside, a breakdown below 1.3287 support could bring the price back to 1.3250 zone.
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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