USD/CAD has broken through a line of 1.3674. If this breakout holds true, we could see the price of USD/CAD heading towards 1.3708 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Related Posts
If you’re short EUR/USD you should be aware of the rapidly approaching level of 1.1179
EUR/USD is moving towards a key resistance level at 1.1179. EUR/USD has previously tested this level 3 times…
USD/CAD is approaching 1.3600. We expect either a breakout through this line, or a rebound.
The movement of USD/CAD towards 1.3600 price line is yet another test of the line it reached numerous…
After trying numerous times in the past, USD/CHF finally breaks 0.8483!
USD/CHF has broken through a resistance line. Because we have seen it retrace from this price in the…