USD/CAD is preparing to exit the side triangle

The USD/CAD pair, after almost a week’s movement in the side triangle, which can be traced on the H4 timeframe, is ready to continue to grow. The main resistance on the path of this pair is the level 1.3400, the breaking of which will be a signal to buy. The resumption of growth of the pair will indicate the preservation of the uptrend and will open the way to resistance levels: 1.3450 and 1.3480. Support is located at the levels: 1.3370 and 1.3350.

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Hanzenko Anton

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