The USDCAD breaches the resistance – Analysis - 19-09-2019
Economies.com
2019-09-19 04:56AM UTC
The USDCAD pair managed to breach 1.3286 level and settled above it, which supports the continuation of our bullish trend expectations in the upcoming sessions, and its next main target is located at 1.3400.
Therefore, we wait for more of the upside moves, taking into consideration that breaking 1.3286 and trading below it again will put the price under negative pressure that targets testing 1.3250 and extend to 1.3200 levels before any new attempt to rise.
The expected trading range for today is between 1.3230 support and 1.3360 resistance.
The expected trend for today: Bullish
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