USDCAD breaks out of wedge, but faces tough resistance ahead

FX:USDCAD   U.S. Dollar / Canadian Dollar
The Loony pushed through wedge-top/zone resistance confluence overnight, on back of weaker oil             and all round stronger USD. Pair has attempted multiple bullish breakouts in the past few months, but each run has led to disappointment - will this time be different? Bulls will be looking to target the resistance zone which stretches from 1.32 - 1.33. Pair will find buyers around the former support zone/broken wedge top. A breach of yesterday's lows would invalidate and put focus back on the wedge bottom above 1.28.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out