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The USDCAD rises again – Analysis - 12-03-2020
The USDCAD pair resumed its positive trading clearly to start new attempts to breach 1.3800 by today’s opening, which supports the continuation of the bullish trend scenario on the short term and medium term basis, waiting to confirm the breach to open the way to head towards 1.4130 as a next main station.
Therefore, the bullish trend will remain suggested for the upcoming sessions, reminding you that it is important to hold above 1.3664 to continue the suggested rise.
The expected trading range for today is between 1.3700 support and 1.3860 resistance.
The expected trend for today: Bullish
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