The USDCAD is recovering – Analysis - 25-01-2022
Economies.com
2022-01-25 05:19AM UTC
The USDCAD pair breached 1.2590 level strongly and settled above it, to stop the negative pressure that dominated the recent trades and head to rise, on its way to test 1.2725 level initially.
Therefore, the bullish bias will be suggested for today, noting that breaking 1.2590 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 1.2590 support and 1.2725 resistance.
The expected trend for today: Bullish
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