The USDCAD hits the first target – Analysis - 08-04-2022

2022-04-08 01:52:03 GMT (Economies.com)
 

The USDCAD pair managed to touch 1.2590 level and attempts to breach it, reinforcing the expectations of extending the bullish wave on the intraday basis, which targets 1.2725 as a next main station.

 

The EMA50 supports the expected rise, reminding you that it is important to hold above 1.2480 to continue the positive scenario.

 

The expected trading range for today is between 1.2520 support and 1.2660 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0535
0.0094
0.8994%
1.2293
0.0245
2.0329%
23.157
1.801
8.433%
81.475
7.046
9.467%
85.86
-1.02
1.17%
1795.560
45.085
2.576%
 
 
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