The USDCAD gets a positive signal – Analysis - 23-06-2022
Economies.com
2022-06-23 04:32AM UTC
The USDCAD pair attempted to break 1.2930 level but it kept its stability above it, as the EMA50 continues to provide the positive support to the price, while stochastic begins to provide new positive signals now.
Therefore, we believe that the chances valid to resume the bullish trend that targets 1.3010 followed by 1.3076 levels as next main stations, noting that breaking 1.2930 will stop the expected rise and press on the price to turn 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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