The USDCAD breaches the resistance – Analysis - 23-07-2019
Economies.com
2019-07-23 05:05AM UTC
The USDCAD pair rallied upwards to breach the bearish channel’s resistance and settles above 1.3100 barrier now, which leads the price to achieve more expected gains in the upcoming period, on its way to visit 1.3286 mainly.
Therefore, the bullish bias will be suggested for today unless breaking 1.3050 level and holding below it again.
The expected trading range for today is between 1.3060 support and 1.3220 resistance.
The expected trend for today: Bullish
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