The USDCAD gets a positive signal – Analysis - 21-05-2019
Economies.com
2019-05-21 00:46AM UTC
The USDCAD pair provided new negative trades to move below the EMA50, while stochastic provides positive overlapping signal now, which forms positive motive that we expect to assist to push the price to rise again, waiting to visit 1.3490 level initially.
Therefore, the bullish trend will remain suggested unless breaking 1.3382 level and holding below it, noting that breaching 1.3490 will push the price towards 1.3700 as a next main station.
The expected trading range for today is between 1.3360 support and 1.3500 resistance.
The expected trend for today: Bullish
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