The USDCAD attempts to recover – Analysis - 13-09-2019

Economies.com
2019-09-13 05:00AM UTC

The USDCAD pair breached 1.3200 level and settled above it, to turn to rise on the intraday basis, on its way to test 1.3285 mainly.

 

Therefore, the bullish bias will be suggested for today, noting that breaching the targeted level will hint the price head to regain the main bullish trend after the bearish correction that dominated the recent trades, while breaking 1.3200 will stop the suggested rise and press on the price to decline again.

 

The expected trading range for today is between 1.3170 support and 1.3300 resistance.

The expected trend for today: Bullish

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