USDCAD turns to rise – Analysis - 30-11-2017
Economies.com
2017-11-30 05:39AM UTC
The USDCAD pair breached 1.2820 level and ended yesterday's trades above it, which pushes the price to achieve more gains in the upcoming period, targeting testing 1.2927 level initially, noting that breaching this level will push the price towards 1.3000 direct.
Therefore, the bullish trend will be expected for today unless breaking 1.2820 and holding below it, as this break will put the price under negative pressure that its targets begin at 1.2723 followed by 1.2665 on the near term basis.
Expected trading range for today is between 1.2800 support and 1.2960 resistance.
Expected trend for today: Bullish
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