The USDCAD hits the first target – Analysis - 30-03-2022

2022-03-30 03:55:53 GMT (Economies.com)
 

The USDCAD pair traded with strong negativity yesterday to achieve our first waited target at 1.2480 and settles there, waiting for more decline to break this level and open the way to head towards 1.2365 that represents the next negative target.

 

The EMA50 continues to support the suggested bearish wave, which its continuation requires holding below 1.2590.

 

The expected trading range for today is between 1.2410 support and 1.2550 resistance.

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0328
-0.0113
1.0870%
1.1958
-0.0090
0.7441%
21.206
-0.150
0.702%
78.764
4.335
5.824%
84.51
1.63
1.97%
1748.545
-1.930
0.110%
 
 
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