The USDCAD consolidates above the support – Analysis - 22-06-2022
Economies.com
2022-06-22 04:20AM UTC
The USDCAD pair opened today’s trading with strong positivity to breach 1.2930 and settles above it, paving the way to return to rise, to head towards achieving positive targets that start at 1.3010 followed by 1.3076.
Therefore, the bullish bias will be suggested in the upcoming sessions supported by stochastic and the EMA50 positivity, noting that breaking 1.2930 will stop the positive scenario and press on the price to decline.
The expected trading range for today is between 1.2910 support and 1.3040 resistance.
The expected trend for today: Bullish
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