The USDCAD is forced for some decline – Analysis - 21-07-2021
Economies.com
2021-07-21 04:39AM UTC
The USDCAD pair provided negative trades after testing the bullish channel’s resistance that appears on the chart, to approach the key support 1.2650, noticing that stochastic gains clear positive momentum now, waiting to motivate the price to resume the bullish trend.
Therefore, the positive overview will remain valid and active for the upcoming period conditioned by the price stability above 1.2650, reminding you that our next main target extends to 1.2880.
The expected trading range for today is between 1.2650 support and 1.2780 resistance.
The expected trend for today: Bullish
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