The USDCAD succeeds to breach – Analysis - 12-04-2022

2022-04-12 01:44:15 GMT (Economies.com)
 

The USDCAD pair managed to breach 1.2590 and hold with a daily close above it, which supports the continuation of the expected bullish trend for the upcoming period efficiently, opening the way to head towards 1.2725 as a next main target.

 

Holding above 1.2590 is important to continue the expected rise, as breaking it will put the price under the correctional bearish pressure again.

 

The expected trading range for today is between 1.2590 support and 1.2725 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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