The USDCAD awaits more rise – Analysis - 05-03-2019
Economies.com
2019-03-05 05:09AM UTC
The USDCAD pair shows sideways trading since yesterday and settles above 1.3300 barrier, while stochastic begins to get rid of its negative momentum, waiting to get enough positive motive to push the price to resume the bullish wave, which its next main target located at 1.3382.
In general, we will continue to suggest the bullish trend for today unless we witnessed clear break to 1.3230 level and holding below it.
The expected trading range for today is between 1.3250 support and 1.3400 resistance.
The expected trend for today: Bullish
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