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USDCAD - Breaks the resistance area which is now support

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
TeamBluePips  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis
2
0
trendanalysis
We have noticed that USDCAD is on the uptrend and it breaks the resistance which is now acting as strong support for daily chart. Note that USDCAD also touched the 0.61 Fibo level and the formation of a pin bar is also noted from the previous candles.

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