Either a rebound or a breakout imminent on USDCAD

USDCAD is heading towards a line of 1.3558. If this movement continues, the price of USDCAD could test 1.3558 within the next 23 hours. 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.

Past performance is not an indicator of future results.
Losses can exceed deposits.

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