USD/CAD is moving towards a line of 1.3565 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USD/CAD continues in its current trajectory, we may see it move towards 1.3565 within the next 2 days.
Will USD/CAD break through the support level it tested before?
