The USDCAD begins positively – Analysis - 01-10-2021
Economies.com
2021-10-01 04:00AM UTC
The USDCAD pair faced strong negative pressure yesterday to attack 1.2665 level, but it returned to settle above it, starting today with bullish bias to hint resuming the expected bullish trend in the upcoming period, motivated by stochastic positivity, waiting to head towards 1.2840 as a next main target.
Breaching 1.2720 will ease the mission to rise, which will remain valid unless breaking 1.2665 and holding below it.
The expected trading range for today is between 1.2650 support and 1.2790 resistance.
The expected trend for today: Bullish
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