The legend in the InstaSpot team!
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Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
The USD/CAD pair has been trading lower following its temporary growth. It's trading at 1.3448 at the time of writing and it seems determined to approach new lows. After dropping below 1.3520, the price signaled more declines. Still, after its amazing drop, temporary growth was natural before extending its downside movement.
Technically, the 1.3412 former low represents a downside target and obstacle. Reaching this level and staying above it may signal new potential growth.
Dropping and stabilizing below 1.3412 may confirm a downside continuation and is seen as a selling opportunity.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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