USDCAD will come to resistance level

2021年1月28日

As I said, the price has risen from the support.

After the price has corrected to the support zone of 1.272, the growth continued. The price came to support 1.284.
Then it broke through this support line and continued to grow.
The price is approaching the resistance level 1.295.
It last hit the level last December when it broke during the dip.
After that, the price also broke through the current support line.
As a result, it dropped to the support 1.261.
And from her a new growth began.
Over the past month, the price has consistently broken through: the support zone at 1.272 and the support line at 1.284.
From the latter it continues to grow.
I expect the price to rise to the resistance level.
The target is 1.295.


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