The USDCAD hits the target – Analysis - 07-08-2019
Economies.com
2019-08-07 05:06AM UTC
The USDCAD pair traded with strong positivity yesterday to succeed touching our waited target at 1.3286, starting today with more rise to breach this level and hints extending the bullish wave on the short term basis, paving the way to head towards the next positive target at 1.3430.
Therefore, we will keep our bullish overview, noting that breaking 1.3286 might press on the price for some temporary intraday bearish correction before resuming the expected rise.
The expected trading range for today is between 1.3230 support and 1.3400 resistance.
The expected trend for today: Bullish
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