FX:USDCAD   U.S. Dollar / Canadian Dollar
A significant breakout has taken place over the last few days and now we can see that the price has started to fall, this is most likely retracing, we should see the price show signals of another bullish push. We could see this price drop as low as the previously broken resistance level, if the price at this point bounces it is very likely that we will see significant bullish moves. I will keep everyone updated on this pair over the coming days as the price looks to be very volatile.

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.