The USDCAD covers the gap – Analysis - 17-09-2019
Economies.com
2019-09-17 05:06AM UTC
The USDCAD pair traded positively yesterday to cover the bearish gap mentioned in our last report, fluctuating around 1.3250 level now, noticing that the price begins today with bullish bias that hints the price head to continue rising in the upcoming sessions.
Therefore, we will continue to suggest the bullish trend on the intraday basis unless breaking 1.3200 followed by 1.3155 levels and holding below them, reminding you that our targets begin by breaching 1.3285 to open the way to head towards 1.3400 level as a next main station.
The expected trading range for today is between 1.3170 support and 1.3330 resistance.
The expected trend for today: Bullish
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