USD/CAD has broken through a line of 1.3736 and suggests a possible movement to 1.3633 within the next 4 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 21 days.
USD/CAD has broken through a level it has tested 5 times in the recent past.
