USDCAD rises again – Analysis - 27-02-2018
Economies.com
2018-02-27 05:14AM UTC
The USDCAD pair resumed its positive trading to test 1.2717 level again, supported by the EMA50 that carries the price from below, waiting to breach the mentioned level to confirm opening the way to head towards our next main target that reaches 1.2923.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, noting that breaking 1.2615 will stop the expected rise and push the price to test 1.2463 level initially before determining the next trend clearly.
Expected trading range for today is between 1.2600 support and 1.2770 resistance.
Expected trend for today: Bullish
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