My last forecast continues to come true.
The price moves up from the support line.
USDCAD grow to resistance

This line was formed in 2019.
תמונת-בזק
Since March 2020, the price has been showing a downtrend.
During the fall, it broke through two resistance lines.
The price touched the support line 1.263 and stopped the fall.
Since this is strong support, I expect:
1. The price will rise and break through the resistance line 1.286.
2. The price will come to the next resistance.
The target is 1.293.

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ForexLONGTrend AnalysisUSDCAD

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