USDCAD needs the positive momentum – Analysis - 19-06-2018

Economies.com
2018-06-19 03:38AM UTC

The USDCAD pair settles above 1.3200 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and we believe that the way is open to head towards 1.3382 that represents our next main target, to continue suggesting the bullish trend for today.

 

Breaching 1.3265 will ease the mission of achieving the mentioned target, while holding above 1.3128 represents key condition to continue the suggested rise.

 

Expected trading range for today is between 1.3128 support and 1.3300 resistance.

 

Expected trend for today: Bullish

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