USD/CAD Price Analysis: Bulls eye 1.3520 while above 1.3470 USDCAD Technical Analysis
1.3480 and 1.3470 are key supports while bulls look to 1.3520 resistance. USD/CAD prior analysis
The price, however, had also taken out a key structure and for that, we zoomed down to the lower time frames: As illustrated, the price did indeed head a touch lower, deeper into support, and rebounded from there, directly toward the neckline of the M-formation. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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