The currency pair USD/CAD broke today the upper limit of the descending channel in which the pair moved from the 9th of March and immediately headed to the top which was established the next day.
Visible were already two attempts to attack on the top, but none of them ended up breaking and closing above this level. It seems that the supply pressure is so strong that it will not allow the closure of more than indicated on the chart resistance. So we can consider options for declines (PUT), it is best if before buying it been reversed, which would allow for the purchase of binary options at a better price.
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