USD/CAD trades sideways at 1.3160 ​​but I see further upside potential.
Trading Recommendation:
Due to the symmetrical triangle formed and strong growth in the background, I see further upside potential.
Watch for bearish intraday buying opportunities with upside target at 1.3300. The MACD
is showing a bearish signal, which is a good sign that the bulls are in control. Support
is priced at 1.3138

Relevance 09:00 2022-09-16 UTC 2 The Company does not provide investment advice and the analysis performed does not guarantee results. The market analysis published here is intended to raise your awareness, but does not provide guidance for making a trade.