Possible start of a bearish trend on USDCAD

USDCAD has broken through a line of 1.2860. If this breakout holds true, we could see the price of USDCAD heading towards 1.2773 within the next 3 days. But don't be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.
Not investment advice. Past performance is not indicative of future results. Trading cryptocurrency may not be available depending on your country of residence.
Related Articles
GBPUSD - approaching a price line that has been previously tested numerous times in the past...
A final push possible on USDSEK as it starts approaching a price line of 10.2761....