For last 3 weeks price moved in a downward channel. Today price broke above upper limit of the channel. Nearest resistances are on levels 1.3010, 1.3120. Currently there is a huge probability of upward movement at least to a 1.3010.
Position: long
- SL: 1.2924
- TP 1 50%: 1.3010
- TP 2 50%: 1.3120
You can trade on USDCAD with free FX GROW account.
