The USDCAD gets a positive signal – Analysis - 29-11-2019
Economies.com
2019-11-29 05:15AM UTC
The USDCAD pair tested 1.3295 yesterday without managing to breach it, noticing that stochastic approaches providing positive overlapping signal on the four hours’ time frame, which forms positive motive that we are waiting to assist to push the price to breach the mentioned level and open the way to achieve our next positive target at 1.3380.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 1.3240 level and holding below it.
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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