The price of USD/CAD in heading in the direction of 1.3405. Despite the recent breakout through 1.3448 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
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After experiencing a 4.36% bullish move in the space of 32 days, nobody knows where AUD/USD is headed.
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USD/CAD likely to test 1.3645 in the near future. Where to next?
A strong resistance level has been identified at 1.3645 on the 30 Minutes USD/CAD chart. USD/CAD is likely…
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