UsdCad with 1.3550 in sight

25 thg 2, 2020

After a short spike under 1.3 figure at the beginning of the year, UsdCad has traded in a clear uptrend that drove the pair to 1.33 resistance, a 100 pips correction followed, which resembles a flag.
Now the pair is trading again at 1.33 resistance and a clear break of this level would expose 1.35-1.3550 resistance