USDCAD Chart Technical Outlook breaks the head and shoulders to the upside, the measured move target is 1.3538
We have broken out of the head-and-shoulders formation to the upside. The measured move target is 1.3538. We have a 261.8% extension level at 1.3566. Bespoke resistance is at 1.3560. Intraday support is at 1.3495. I see no clear indication of an immediate change in the bullish trend.
