USD/CAD trades strongly above the 1.3800 mark ahead of the US GDP data
Sentiment is: Positive
USD/CAD has broken through a resistance line. It has touched this line numerous times in the last 22 days. This breakout shows a potential move to 1.3827 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
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