The USDCAD keeps its positive stability – Analysis - 11-09-2020
Economies.com
2020-09-11 04:00AM UTC
The USDCAD pair returns to rise after retesting the breached resistance areas yesterday, and the price gets good support by the EMA50, to keep the positive effect of the double bottom pattern active, waiting to resume the bullish trend that targets 1.3362 as a next main station.
On the other hand, we should note that breaking 1.3110 will stop the expected rise and press on the price to return to the bearish track again.
The expected trading range for today is between 1.3110 support and 1.3260 resistance.
The expected trend for today: Bullish
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