The movement of USD/CAD towards 1.2877 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 1.2877 numerous times, USD/CAD is once again approaching this price point. Can we expect a bearish trend to follow?
