The USDCAD approaches the target – Analysis - 02-08-2019
Economies.com
2019-08-02 04:56AM UTC
The USDCAD pair provided positive trading yesterday and approached our main waited target at 1.3286, and it returns to fluctuate at the intraday bullish channel’s support line, waiting to get positive motive that assists to push the price to continue rising in the upcoming sessions, noting that breaching the mentioned level will extend the bullish wave to reach 1.3380 as a next station.
Therefore, we will keep our positive overview unless breaking 1.3160 level and holding below it.
The expected trading range for today is between 1.3160 support and 1.3320 resistance.
The expected trend for today: Bullish
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