The USDCAD attempts positively – Analysis - 28-03-2019

Economies.com
2019-03-28 04:58AM UTC

The USDCAD pair provided positive trades yesterday to started moving away from 1.3382 level, which reinforces the expectations of continuing the expected bullish trend on the intraday and short term basis, organized inside the bullish channel that appears on the chart, supported by the EMA50 that carries the price from below.

 

Therefore, we are waiting for more rise in the upcoming sessions, and the waited targets begin at 1.3500 and extend to 1.3600, while achieving them conditions holding above 1.3382.

 

The expected trading range for today is between 1.3340 support and 1.3500 resistance.

The expected trend for today: Bullish

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