The USDCAD faces solid resistance – Analysis - 24-11-2021
Economies.com
2021-11-24 05:24AM UTC
The USDCAD pair bounced bearishly after finding solid resistance at 1.2725, noticing that the price begins today with bullish bias in attempt to resume the expected bullish trend for the upcoming period, supported by stochastic gain to the positive momentum.
Therefore, the overall positive scenario will remain valid unless breaking 1.2590 and holding below it, reminding you that our next main target extends to 1.2950.
The expected trading range for today is between 1.2640 support and 1.2770 resistance.
The expected trend for today: Bullish
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