- USD/CAD has broken short term trend line resistance 1.3280 and is trading well above that level. It is currently trading around 1.3300.
- The pair’s minor resistance is around 1.3350 and any break above targets 1.3490 in short term.
- Intraday weakness only below 1.3250 level.
- Below 1.3250 it will target 1.3200/1.3160.
It is good to buy around 1.3290 with SL around 1.3250 for the TP of 1.3490
The material has been provided by InstaForex Company – www.instaforex.com