The USDCAD around the moving average – Analysis - 28-05-2019

Economies.com
2019-05-28 01:31AM UTC

The USDCAD pair shows some slight bearish bias to fluctuate around the EMA50, and as long as the price is above 1.3382, the bullish trend scenario will remain active in the upcoming period, and the price needs to breach 1.3490 to confirm rallying towards 1.3700 that represents our next main target.

 

The expected trading range for today is between 1.3380 support and 1.3530 resistance.

The expected trend for today: Bullish

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