The USDCAD rallies strongly – Analysis - 25-04-2022
Economies.com
2022-04-25 01:31AM UTC
The USDCAD pair rallied upwards sharply to breach 1.2590 level and reach 1.2725 direct, to head towards achieving expected gains in the upcoming sessions, noting that breaching the mentioned level will extend the bullish wave to reach 1.2850 followed by 1.2950 levels.
Therefore, the bullish bias will be suggested on the intraday basis, noting that failing to surpass 1.2725 will put the price under the negative pressure again.
The expected trading range for today is between 1.2650 support and 1.2800 resistance.
The expected trend for today: Bullish
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