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Friday, February 24, 2023

Technical: USDCAD Breakout Targets 1.3700

Forex Factory
 
 
Alert Alert Feb 25, 2023, 1:35am
 
Technical: USDCAD Breakout Targets 1.3700
USDCAD is breaking out of a massive triangle pattern I've mentioned several times. We looked at the pair on January 13th as it was coming off of the 1.3300 support that dates back to July 2021. That area triggered a bounce after a couple of retests. Then on Wednesday, we saw USDCAD close the day above the 1.3535 resistance level from October. Bulls managed ...
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