USDCAD is moving towards a line of 1.4344 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDCAD continues in its current trajectory, we may see it move towards 1.4344 within the next 2 days.
USDCAD is quickly approaching a very important level it has previously tested numerous times in the past
