USDCAD gets positive motive – Analysis - 11-10-2017
Economies.com
2017-10-11 03:34AM UTC
The USDCAD pair leaned on the EMA50 and begins to provide bullish rebound signals now, to support the continuation of the correctional bullish trend scenario in the upcoming period, motivated by stochastic positivity that appears clearly through the intraday time frames, waiting to head towards 1.2723 that represents 38.2% Fibonacci correction level for the decline that appears on chart.
The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 1.2470.
Expected trading range for today is between 1.2470 support and 1.2630 resistance.
Expected trend for today: Bullish
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