USDCAD Daily Analysis – Thursday, Nov. 30


USDCAD broke above 1.2836 resistance. Further rise towards 1.2916 previous high would likely be seen in the coming days.

A breakout of this level will confirm that the uptrend from 1.2061 (Sep 8 low) has resumed, then the following upside movement could take price to 1.3100 area.

USDCAD 4-hour chart

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