The USDCAD resumes rising – Analysis - 01-08-2019
Economies.com
2019-08-01 04:57AM UTC
The USDCAD pair attempted to break 1.3130 level but it bounced upwards strongly to return to the intraday bullish channel that appears on the chart, which keeps the main bullish trend scenario valid in the upcoming sessions, waiting to head towards 1.3286 that represents our next main target.
The EMA50 continues to support the suggested bullish wave, which its continuation conditions holding above 1.3130.
The expected trading range for today is between 1.3150 support and 1.3300 resistance.
The expected trend for today: Bullish
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