The USDCAD faces new negative pressure – Analysis - 27-11-2019
Economies.com
2019-11-27 05:52AM UTC
The USDCAD pair traded with clear negativity yesterday to move below 1.3295, but we notice that the EMA50 forms good support that protects the price from achieving more decline, accompanied by witnessing clear positive signals through stochastic.
Therefore, these factors encourage us to continue suggesting the overall bullish trend, which its next main target located at 1.3380, while achieving it conditions holding above 1.3240.
The expected trading range for today is between 1.3240 support and 1.3360 resistance.
The expected trend for today: Bullish
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