The USDCAD attempts to breach – Analysis - 02-12-2019

Economies.com
2019-12-02 05:50AM UTC

The USDCAD pair provided a clear positive trading in last Friday and attempted to breach 1.3295 level, providing signals for the price head to continue the expected bullish trend in the upcoming period, waiting for confirming the breach to open the way towards 1.3380 as a next main station.

 

Stochastic provides positive signals now, motivating the price to resume the positive attempts today, reminding you that holding above 1.3240 level is important for the continuation of the suggested bullish trend.

 

The expected trading range for today is between 1.3240 support and 1.3360 resistance.

The expected trend for today: Bullish

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