In this video, the Trading Central looks at the currency pair USD/CAD for the April 24th session.
USD/CAD — Looking at the intraday 30-min chart, we can see that, despite the increased volatility in the forex market this morning, the pair has held up quite well on the upside. The level at 1.3455 continues to be the key support. Intraday technical indicators are not showing increased downward momentum. On the upside, if the pair manages to reach the previous high at 1.3525, which was last seen last Friday, we expect it to extend a little up further.