The AUDUSD and NZDUSD are breaking to new highs. The USDCAD remains confined. What next?

The AUDUSD and NZDUSD are trading it to new highs.

• For the AUDUSD, it is breaking to the highest level since February 2023.
• For the NZDU it is trading to the highest level of the year but his just short of the end of December high at 0.63684.
• For the USDCAD, it has traded mostly between 1.3465 and 1.34865, and waiting for a break in either direction.

In the video above, I take a more detailed look at each of these currency pairs from a technical perspective as the clock ticks to the end of the week and we look toward the new trading week.

This article was written by Greg Michalowski at www.forexlive.com.