The USDCAD achieves more gains – Analysis - 03-05-2019

Economies.com
2019-05-03 04:14AM UTC

The USDCAD pair shows more bullish bias to move away from the EMA50, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our positive targets begin at 1.3500 and extend to 1.3700 after surpassing the previous level.

 

We remind you that the continuation of the suggested bullish wave conditions the stability of the daily close above 1.3382. 

 

The expected trading range for today is between 1.3400 support and 1.3550 resistance.

The expected trend for today: Bullish

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