USD/CAD has broken through a support line of a Pennant chart pattern. If this breakout holds true, we may see the price of USD/CAD testing 1.3536 within the next 6 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.
USD/CAD breakout from a Pennant trade setup. Will it continue this trend to hit the target price?
