USD/CAD Weekly Analysis – Sunday, March 4


USD/CAD extended its upside movement from 1.2248 to as high as 1.2915, facing the previous high resistance at 1.2920.

A breakout of this level could take price to 1.3200 area.

Support is at the rising trend line on the daily chart, only a clear break below the trend line support could signal completion of the uptrend.

USDCAD daily chart

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