Receive the latest alerts via email

After testing support twice in the past, USD/CAD has finally broken through. Can we expect a bearish trend to follow?

The breakout of USD/CAD through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of USD/CAD to test 1.3148 within the next 12 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

Total
0
Shares
Previous Post

We expect a $205.975 movement on UB within 2 hours following the event release at 07 Nov 12:00.

Next Post
EUR/USD Target Level: 1.1095

EUR/USD Target Level: 1.1095

Related Posts