The breakout of USD/CAD through the 1.3667 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, USD/CAD could test 1.3622 within the next 4 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
USD/CAD may be on a start of a new bearish trend after its breakout through this important support level
