The USDCAD attempts to breach – Analysis - 08-12-2022
Economies.com
2022-12-08 04:30AM UTC
The USDCAD pair faced temporary negative pressure yesterday but it rises again to attempt to breach 136.80 level now, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, waiting to open the way to head towards our next positive target that reaches 1.3800.
Therefore, the bullish trend will remain valid unless breaking 1.3600 and holding below it.
The expected trading range for today is between 1.3600 support and 1.3770 resistance.
The expected trend for today: Bullish
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