The USDCAD needs the positive momentum – Analysis - 26-03-2021

Economies.com
2021-03-26 04:42AM UTC

The USDCAD pair continues the attempts to surpass 1.2600, noticing that the price lacks the positive momentum, waiting to get positive motive that assist to push the price to continue the expected bullish trend for the upcoming period, which targets 1.2745 as a next station.

 

In general, the bullish trend will remain active unless breaking 1.2525 and holding below it.

 

The expected trading range for today is between 1.2525 support and 1.2650 resistance.

The expected trend for today: Bullish

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