The USDCAD resumes rising – Analysis - 22-08-2019
Economies.com
2019-08-22 04:37AM UTC
The USDCAD pair attempted to break the bullish channel’s support line yesterday but it bounced upwards to settle above 1.3286 again, which keeps the bullish trend scenario valid for the upcoming period, supported by stochastic positivity, waiting to achieve our main targets that begin at 1.3400 and extend to 1.3565, reminding you that holding above 1.3286 is important to continue the expected rise.
The expected trading range for today is between 1.3240 support and 1.3400 resistance.
The expected trend for today: Bullish
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