The USDCAD achieves more gains – Analysis - 09-03-2022

2022-03-09 04:23:37 GMT (Economies.com)
 

The USDCAD pair keeps providing the strong positive trades to touch 1.2900 barrier, reinforcing the expectations of continuing the bullish trend, which targets 1.2950 as a next main station.

 

Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, noting that holding above 1.2835 represents initial condition to continue the positive scenario.

 

The expected trading range for today is between 1.2830 support and 1.2960 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0331
-0.0110
1.0559%
1.1985
-0.0063
0.5229%
21.153
-0.203
0.951%
78.680
4.251
5.712%
85.01
1.73
2.08%
1750.950
0.475
0.027%
 
 
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