FTUKcom

USD/CAD has formed a new higher high

FX:USDCAD   U.S. Dollar / Canadian Dollar
Prior chart:


USD/CAD has finally formed a new higher high as expected off the back off the recent USD strength. We have been anticipating a new high since below 1.3000 and now we have pushed above the 1.3500 handle.

Overall further movements higher on this pair are to still be expected long-term.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.