As you can see, USDCAD previously broke the trendline. It then got a small pullback and hit the 1.30300 support level. USDCAD doesn't have enough sell power at the moment, which means it is going to move back up to at least 1.30600.
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.
