USD/CAD resumes an uptrend

The USD/CAD pair maintains the potential for growth, while keeping the monthly uptrend.

Resumption of the uptrend can be expected to consolidate the pair above the level of 1.3290-1.3310.

This will indicate a resumption of growth and open the way to resistance levels: 1.3350 and 1.3380. Support are the marks: 1.3270 and 1.3250, the lower boundary of the ascending channel.

Read also: “Japanese Yen (JPY) – Features trading on crosses”

Hanzenko Anton

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