The USDCAD attempts to recover – Analysis - 26-10-2021

2021-10-26 04:16:56 GMT (Economies.com)
 

The USDCAD pair surpassed 1.2365 level and settled above it, and by taking a deeper look at the chart, we find that the price forms bullish pattern that we expect to push the price to achieve intraday gains in the upcoming sessions.

 

Therefore, the bullish trend will be suggested for today unless breaking 1.2365 and holding below it again, noting that the main expected target is located at 1.2475.

 

The expected trading range for today is between 1.2320 support and 1.2450 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0331
-0.0111
1.0602%
1.1980
-0.0068
0.5623%
21.251
-0.105
0.492%
78.541
4.112
5.525%
85.12
1.91
2.30%
1751.990
1.515
0.086%
 
 
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