USDCAD achieves strong gains – Analysis - 07-02-2018
Economies.com
2018-02-07 05:19AM UTC
The USDCAD pair provided calm negative trades yesterday to approach the key support base formed above 1.2470, noticing that stochastic got rid of its negative momentum to move inside the oversold areas now, to form positive motive that we are waiting to push the price to rise in the upcoming sessions.
Therefore, we will continue to suggest the bullish trend for today conditioned by the price stability above 1.2470, reminding you that our next main target is located at 1.2717.
Expected trading range for today is between 1.2450 support and 1.2600 resistance.
Expected trend for today: Bullish
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