The USDCAD attempts to breach – Analysis - 08-07-2021
Economies.com
2021-07-08 01:30AM UTC
The USDCAD pair attempted to breach 1.2500 level yesterday, starting today with new rise in attempt to confirm the breach, which reinforces the expectations of continuing the bullish trend, which its targets extend to 1.2650.
Therefore, the positive scenario will remain active on the intraday and short term basis conditioned by the price stability above 1.2410.
The expected trading range for today is between 1.2430 support and 1.2570 resistance.
The expected trend for today: Bullish
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