USD/CAD is heading towards a price line of 1.3326 and could reach this point within the next 16 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
A final push expected on USD/CAD as it starts approaching a price line of 1.3326.
