USDCAD moved through the support line of a Rising Wedge at 1.3817324742268042 on the 1 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 1.3779.
Target: 1.3779 Entry: 1.3817 Stop: 1.3846
USDCAD moved through the support line of a Triangle at 1.3535681395348838 on the 4 hour chart. This line has been tested a number of times in the past and this
The price of USDCAD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The
USDCAD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back