Cabana Capitals Blog Technical Analysis USDCAD breakout through resistance

USDCAD breakout through resistance

USDCAD breakout through resistance post thumbnail image

USDCAD has breached the resistance line at 1.3676. It may continue the bullish trend towards 1.3703, or, it may prove to be yet another test of this level.

Supported by Upward sloping Moving Average

Target: 1.3703 Entry: 1.3682 Stop: 1.3667

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