The USDCAD approaches the positive target – Analysis - 12-07-2022
Economies.com
2022-07-12 04:23AM UTC
The USDCAD pair provided clear positive trades yesterday to approach our waited target at 1.3076, and resumes the bullish bias by today’s open to reinforce the expectations of achieving more gains on the intraday and short term basis, noting that breaching the mentioned level will extend the bullish wave to reach 1.3200 areas.
In general, the bullish trend scenario will remain active unless breaking 1.2930 and holding below it.
The expected trading range for today is between 1.2960 support and 1.3100 resistance.
The expected trend for today: Bullish
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