USD/CAD ended Friday’s session at 1.1086, having risen to highs of 1.1172 on Thursday, and the strongest level since July 2009. For the week, the pair advanced 1.20%. The pair is likely to find support at 1.1025 and resistance at 1.1172, Thursday’s high.
That really depends on your strategy and point of view. There are always two sides to a trade and this is no exception. How should you trade this? Trade it according to your strategy and if you do not have one I suggest you spend a few years creating one.
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