The USDCAD attempts to rise – Analysis - 30-04-2019

Economies.com
2019-04-30 04:28AM UTC

The USDCAD pair begins today’s trading with slight bullish bias that hints the price head to resume the bullish trend, supported by the EMA50 that keeps carrying trades from below, besides stochastic current positivity.

 

Therefore, we will keep our bullish overview that targets 1.3700 areas mainly, while its continuation conditions holding above 1.3382.

 

The expected trading range for today is between 1.3400 support and 1.3550 resistance.

The expected trend for today: Bullish

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