It’s a fast start to the New Year as the US Dollar has put in a topside break to start the year, pushing higher from longer-term range support. This has helped to produce a strong bullish move in USD/CAD, just after a major support zone had come back into play. Two weeks ago, the pair had pushed up to a key resistance level of 1.2850. As I had shared at the time, this kept the door open for a move up to resistance at the 1.2950 level which, at the time, had functioned as the 2021 high in the pair. That level was hit on the following Monday (Dec 20) after which prices then started to reverse. This means that USD/CAD ... (full story)