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FX.co ★ crystal66 | USD/CAD

USD/CAD

Hello traders, USD/CAD

USD/CAD

Sunday's technical analysis of the pair on the 4-hour chart. Here, the price at the level of 1.35 probably completed the timeframe minimum and is now correcting upwards from there. I assume that the price will break above the red moving average level, head towards testing the next support level of the moving average at the black line at 1.3810. Furthermore, there is a reference point higher for the price - the double top level at 1.3925.
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