The USDCAD achieves the target – Analysis - 15-10-2021

2021-10-15 04:12:08 GMT (Economies.com)
 

The USDCAD pair managed to achieve the waited target at 1.2365 and attempts to break it, to support the chances of extending the correctional bearish wave, which targets 1.2230 as a next negative station.

 

Therefore, we will continue to suggest the bearish trend for the upcoming period, which gets continuous support by the EMA50, noting that the continuation of the expected decline requires holding below 1.2495.

 

The expected trading range for today is between 1.2280 support and 1.2410 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0362
-0.0079
0.7614%
1.2004
-0.0044
0.3665%
21.424
0.068
0.318%
79.275
4.846
6.511%
85.24
2.11
2.54%
1756.900
6.425
0.367%
 
 
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