The USDCAD breaches the resistance – Analysis - 14-07-2021
Economies.com
2021-07-14 04:22AM UTC
The USDCAD pair breached 1.2500 level and closed the daily candlestick above it, which supports the continuation of our bullish overview on the intraday and short term basis, paving the way to resume the bullish bias towards 1.2650 that represents our next target.
Therefore, our bullish overview will remain valid unless breaking 1.2410 and holding below it.
The expected trading range for today is between 1.2450 support and 1.2570 resistance.
The expected trend for today: Bullish
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