The USDCAD keeps the support base – Analysis - 27-03-2019

Economies.com
2019-03-27 05:27AM UTC

The USDCAD pair tested 1.3382 level and kept its stability above it, to keep the bullish trend scenario active for today, supported by the positive signal that appears through stochastic, waiting to target 1.3500 followed by 1.3600 levels in the upcoming period.

 

The EMA50 supports the suggested bullish wave, which will remain valid and active unless breaking 1.3382 level and holding with a daily close below it.

 

The expected trading range for today is between 1.3330 support and 1.3480 resistance.

The expected trend for today: Bullish

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