#USDCAD is testing daily dynamic support 1.30
Diupdate
USDCAD is testing daily dynamic support zone at 1.3000/25 for the second time this week. This barrier has been made up with the intersection of trendlines from the extreme minimal and closing levels of Jun-Aug 2016.
Thursday candle close above the described support would indicate the pair's recovery targeting 1.3180-1.3210.
Daily close below 1.30 would confirm USDCAD decline to the static support at 1.2830.
Thursday candle close above the described support would indicate the pair's recovery targeting 1.3180-1.3210.
Daily close below 1.30 would confirm USDCAD decline to the static support at 1.2830.
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