The pair is now trading at 1.3070 and as it seems, bulls might be ready to make an attempt to go for 1.32 beating their prior high of 1.3189.
First support is seen in the last low at 1.30, which is also the psychological support, while first resistance is the level of $1,3190, the last high.
Chart: USD/CAD H4
The next immediate target is likely 1.3120.
ReplyDeleteVery helpful assessment.
ReplyDeleteGood point.
ReplyDeleteThank you for the analysis very helpful.
ReplyDeleteVery useful information! Thanks.
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ReplyDeleteVery helpful and insightful analysis, excellent.
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