The movement of USD/CAD towards 1.3192 price line is yet another test of the line it reached numerous times in the past. We expect this line 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.
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After testing 1.3192 numerous times, USD/CAD is once again approaching this price point. Can we expect a bullish trend to follow?
December 20, 2019 6:15 pm
