USDCAD | 01.05.2025

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BUY 1.38000 | STOP 1.36900 | TAKE 1.39600 | The prolonged sideways movement of the pair near medium-term support levels tells us that buyers in this range can develop an upward movement with a further upward breakout of 1.39760. The influential factors of the price movement will be the US ore market publications this week and the general background of the tariff policy towards Canada. We expect a slight rise in price to start with.
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1.39300 | +130 pips

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