The USDCAD heads towards the support – Analysis - 10-10-2019

Economies.com
2019-10-10 04:52AM UTC

The USDCAD pair shows negative trades now to approach testing the key support 1.3286, as the price is affected by stochastic negativity, and as long as the price is below this level, our bullish overview will remain valid for the upcoming period, which targets 1.3382 mainly.

 

We remind you that breaking 1.3286 will put the price under negative pressure that will turn the intraday track to decline and achieve targets that begin at 1.3240 and might extend to 1.3155.

 

The expected trading range for today is between 1.3240 support and 1.3400 resistance.

The expected trend for today: Bullish

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