USD CAD Boosting more than last week
4/25/2017 7:52:17 AM
The USD/CAD pair expanded preceding session's harsh recovery move from the 1.3403 area and fixed to the highest level around 1.3564 area.
From current levels, 1.3577 area is probable to act as immediate persistence, above which the pair is probable to exceed the 1.3603 handle and aim towards testing its next major hurdle near 1.3647 area.
On the downside, retracement back below 1.3517-23 immediate support now appears to find support near the 1.3503 handle, which is thoroughly followed by a strong horizontal support near 1.3467 level.
FOREX market analysis by FxErvin.