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Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

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Either a rebound or a breakout imminent on USDCAD

Autochartist
2023-01-16

USDCAD is heading towards a line of 1.3448. If this movement continues, the price of USDCAD could test 1.3448 within the next 2 days. But don't be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

Not investment advice. Past performance does not guarantee or predict future performance.

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