USD/CAD has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1.3535 may materialize within the next 2 days.
USD/CAD has broken out from the Triangle pattern. Expect it to hit 1.3535 soon.
