The USDCAD achieves strong gains – Analysis - 03-10-2019

Economies.com
2019-10-03 04:49AM UTC

The USDCAD pair rallied higher sharply yesterday to breach 1.3250 and 1.3286 levels and settled above the last level, which push the price to achieve more of the expected gains in the upcoming period, in its way to test the recorded top at 1.3382.

 

Therefore, we expect the continuation of the bullish bias unless breaking 1.3286 level and holding below it.

 

The expected trading range for today is between 1.3280 support and 1.3400 resistance.

The expected trend for today: Bullish

 

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