USDCAD Breaks Resistance: Will the Rally Continue?

USDCAD has displayed bullish momentum, breaking above the key resistance level of 1.3543 and extending its uptrend from 1.3358. This breakout raises questions about the pair’s future direction. Let’s analyze the technicals to understand what this means for traders. Uptrend Resumes with Potential Targets Support Levels to Watch Overall Sentiment The breakout above 1.3543 paints … Continue reading "USDCAD Breaks Resistance: Will the Rally Continue?"

USDCAD Breaks Resistance: Will the Rally Continue?
USDCAD has displayed bullish momentum, breaking above the key resistance level of 1.3543 and extending its uptrend from 1.3358. This breakout raises questions about the pair’s future direction. Let’s analyze the technicals to understand what this means for traders. Uptrend Resumes with Potential Targets Support Levels to Watch Overall Sentiment The breakout above 1.3543 paints … Continue reading "USDCAD Breaks Resistance: Will the Rally Continue?"