The USDCAD negotiates the resistance – Analysis - 10-07-2019
Economies.com
2019-07-10 04:41AM UTC
The USDCAD pair managed to surpass the EMA50, starting attempts to breach 1.3130 level now, waiting to confirm the breach to ease the mission of heading towards our next positive target that reaches 1.3286.
Stochastic current negativity might press on the price to provide some temporary negative trading before resuming the expected rise, reminding you that it is important to hold above 1.3050 to continue the positive scenario.
The expected trading range for today is between 1.3050 support and 1.3200 resistance.
The expected trend for today: Bullish
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