USD/CAD 30min time frame chart

Market news

3 November 2017

USD/CAD 30min time frame chart

U.S dollar has been shown some difficulty in breaking the 1.28$ barrier where it has put the price quite uncertain on its moves

At this moment, on 30 mins time frame chart, we can see that price has broken a downside trend line which it has also been tested.

Therefore, it might be a nice opportunity to see a bullish movement on USD/CAD.

Targets close to 1.2851

ECB's Nowotny says inflation in 2018 could be higher than expected now

Major stock markets in Europe trading mixed: FTSE 7567.70 +12.38 + 0.16%, DAX 13469.69 +28.76 + 0.21%, CAC 5504.97 -5.53 -0.10%

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