The USDCAD gets the positive momentum – Analysis - 30-03-2021

2021-03-30 04:45:19 GMT (Economies.com)
 

The USDCAD pair fluctuates within sideways track to move below 1.2600 now, noticing that the EMA50 continues to support the price from below, while stochastic reaches the oversold areas now.

 

Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, which depends on the price stability above 1.2525, while our next target is located at 1.2705.

 

The expected trading range for today is between 1.2540 support and 1.2660 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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