The USDCAD is stable – Analysis - 26-06-2020

Economies.com
2020-06-26 04:33AM UTC

The USDCAD pair settles above 1.3612 level, getting positive support by the EMA50, while stochastic begins to get rid of the negative momentum.

 

Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, which targets 1.3710 followed by 1.3813 levels as next main stations, while achieving them requires holding above 1.3612.

 

The expected trading range for today is between 1.3570 support and 1.3715 resistance.

The expected trend for today: Bullish

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