USD/CAD has broken through a support line. It has touched this line at least twice in the last 8 days. This breakout may indicate a potential move to 1.3145 within the next 16 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
USD/CAD has broken through support of a Rising Wedge. It has touched this line at least twice in the last 8 days.
