The price of USDCAD in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
Supported by Downward sloping Moving Average
Target: 1.3628 Entry: 1.3661 Stop: 1.3677
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
GBPUSD was identified at around 1.33963 having recently rebounded of the support on the 15 Minutes data interval. Ultimately, the price action of the stock has formed a Triangle pattern.
Ascending Triangle pattern identified on GBPUSD has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the