USD/CAD accelerates the growth

The USD/CAD pair on the general strengthening of the US dollar broke the significant resistance 1.3340-50, which was a significant resistance for this pair in August. This breakthrough turned out to be impulsive, because the pair will return to this level. But this movement can serve as a reason for the pair to exit from the flat and further upward movement.

The return of the USD/CAD pair above 1.3340-50 will open the way to resistance levels 1.3400 and 1.3430.

An update of support level : 1.3320 and 1.3300, will indicate a return to flat.

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Hanzenko Anton

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