USDCAD crawls upwards – Analysis - 09-02-2018
Economies.com
2018-02-09 05:11AM UTC
The USDCAD pair continues to rise calmly to fluctuate around 1.2600 level, and the EMA50 keeps supporting the price from below, waiting for more bullish bias to target 1.2717 level as a next main target.
Stochastic provides positive overlapping signal that supports the expected rise, which its continuation conditions holding above 1.2463.
Expected trading range for today is between 1.2500 support and 1.2690 resistance.
Expected trend for today: Bullish
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