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

USDCAD-H4

You can trade on USDCAD with free FX GROW account.

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Ransquawk