USDCAD buy after breakout resistance line

٢٢ ديسمبر ٢٠٢٠

My previous prediction came true and the price behaves as expected.

After a long fall since November, the price came to the 1.275 support line.
Last week the price broke through it and started to rise.
Now the price is close to the resistance line 1.296.
I expect that the price will first reach the line, fix on it.
Then it will break through and continue to grow.
After that, it will come to the resistance line.
The target is 1.310.
Thus, I expect growth, but we recommend buying only after breaking through the resistance line 1.296.

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