USDCAD breaks minor resistance around 1.3920, targets 1.4115
Major resistance -1.3920 (trend line joining 1.40018 and 1.3939)
The pair has broken trend line resistance 1.3920 and jumped till 1.3935 at the time of writing. It is currently trading around 1.39320.
On the higher side any break above 1.3920 will take the pair to next level 1.3962/1.4117 in short term.
The minor support is around 1.3875 and break below targets 1.38500/1.3800.
It is good to buy at dips around 1.3920-25 with SL around 1.3875 for the TP of 1.4000/1.4115
The pair has broken trend line resistance 1.3920 and jumped till 1.3935 at the time of writing. It is currently trading around 1.39320.
On the higher side any break above 1.3920 will take the pair to next level 1.3962/1.4117 in short term.
The minor support is around 1.3875 and break below targets 1.38500/1.3800.
It is good to buy at dips around 1.3920-25 with SL around 1.3875 for the TP of 1.4000/1.4115