Chart of The Day $USDCAD 4-26-2017

On the USDCAD daily chart, we can see that the pair is testing the strong upside resistance 1.3600 level and the possible neckline of the Inverse H&S formation. The daily close above this level is required for the upside continuation. Rejection will lead to a retest of 1.3500 level.

usdcad price action technical analysis

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