US/DCAD moved sideways in a trading range between 1.3250 and 1.3467. Resistance is at 1.3467, and a break of this level could signal resumption of the uptrend from 1.3068, then next target would be at 1.3600 area.
US/DCAD moved sideways in a trading range between 1.3250 and 1.3467. Resistance is at 1.3467, and a break of this level could signal resumption of the uptrend from 1.3068, then next target would be at 1.3600 area.
Support is at 1.3250, below this level could trigger another fall towards 1.3000.
Disclaimer:
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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