USD/CAD has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of USD/CAD testing 1.2735 within the next 9 hours. 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.
Breach of support could mean a start of a bearish trend on USD/CAD
