The USDCAD achieves strong gains – Analysis - 30-11-2022

Economies.com
2022-11-30 04:32AM UTC

The USDCAD pair rallied upwards strongly to breach 1.3500 level and heads towards achieving positive targets on the intraday basis, on its way to visit 1.3680 areas mainly.

 

Therefore, we expect to witness more rise in the upcoming sessions supported by the EMA50 that carries the price from below, noting that the continuation of the bullish wave requires holding above 1.3500.

 

The expected trading range for today is between 1.3500 support and 1.3660 resistance.

The expected trend for today: Bullish

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