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Bulls aim for 1.3578 after the USD/CAD triggered a bearish formation on the Daily chart

USD/CAD has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of USD/CAD testing 1.3578 within the next 6 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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Supports and resistances are primary concepts of technical analysis. NAS100 is heading for an important price of 18980.5000 – read about what this could mean for the future.

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