USD/CAD has broken through a support line. It has touched this line numerous times in the last 12 days. This breakout shows a potential move to 1.2794 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout. Supported by Downward sloping Moving Average
Chart 1 hour
Pattern Support
Length 172 Candles
Identified 16-Aug-2022 17:00 UTC