Breach of important price line imminent by USDCAD
USDCAD is moving towards a line of 1.2526 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USDCAD continues in its current trajectory, we can expect it to reach 1.2526 within the next 2 days.
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