The USDCAD still stuck – Analysis - 20-04-2022
Economies.com
2022-04-20 01:33AM UTC
The USDCAD pair still confined between the trend keys represented by 1.2590 support and 1.2640 resistance, which makes us continue with our neutrality until the price confirms surpassing one of these levels followed by detecting the next destination clearly, noting that the contradiction between the EMA50 positivity and stochastic negativity provides another reason for neutrality.
To review the expected targets after the breach, please check our previous report.
The expected trading range for today is between 1.2550 support and 1.2670 resistance.
The expected trend for today: Neutral
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