FX.co ★ USD/CAD

On the daily chart of USD/CAD, the price managed to update the local minimum yesterday, reaching the support at 1.3550. From there, we got a decent bounce to the north, and ended the trading day with a small bullish pin bar. The pattern is small, so I do not plan to open any buys based on it. I consider that the price has not finished with updating the minimums yet and may get closer to the round support level around 1.3500. Only there do I see opportunities for buying the pair. Next week, there will be a release of important American statistics, so I expect high volatility. Buying the instrument will be my priority going forward.