Aurum Markets Blog Technical Analysis A potential bullish movement on USDCAD

A potential bullish movement on USDCAD

A potential bullish movement on USDCAD post thumbnail image

USDCAD is moving towards a key resistance level at 1.3911. USDCAD has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Supported by Upward sloping Moving Average

Target: 1.3911 Entry: 1.3855 Stop: 1.3824

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