Pivot point: 1.3473
USD/CAD broke the sideways trend as the pair closed between second and third resistance. For future trading references, if the pair retreats then the support level of 1.3409 may be broken and we may see the pair plummet toward 1.3361 region. For a bullish trend goes on, the resistance of 1.3521 could be broken which can take the pair higher and to 1.3585.
Resistance level 1: 1.3521 Resistance level 2: 1.3585 Resistance level 3: 1.3634
Support level 1: 1.3409 Support level 2: 1.3361 Support level 3: 1.3297
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.