In case of breakout, USDCAD will face the next resistance at 1.36.
Reasons why moving upward is highly possible:
- US Presidential Election in less than three weeks
- Gold and Silver are facing strong resistance (Precious metal price is declining)
- Cash is running out since there is a hold on the next Stimulus Check
-RSI shows a strong uptrend (no sign of being "oversold")
Reasons why moving upward is highly possible:
- US Presidential Election in less than three weeks
- Gold and Silver are facing strong resistance (Precious metal price is declining)
- Cash is running out since there is a hold on the next Stimulus Check
-RSI shows a strong uptrend (no sign of being "oversold")