The USDCAD surpasses key resistance – Analysis - 28-01-2021

2021-01-28 05:37:14 GMT (Economies.com)
 

The USDCAD pair resumed its positive trading clearly to manage to breach key resistance line located at 1.2780 and approaches our first waited positive target at 1.2854, waiting for more rise to visit 1.2895 followed by 1.2945 levels as next positive targets.

 

Therefore, the bullish trend will remain dominant in the upcoming sessions conditioned by the price stability above 1.2780 and 1.2725 levels.

 

The expected trading range for today is between 1.2780 support and 1.2900 resistance.

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2062
0.0009
0.0751%
1.3893
-0.0001
0.0047%
Tadawul
10228.35
-26.53
0.26%
27.321
0.802
3.024%
64.781
0.871
1.363%
68.12
-0.83
1.20%
1814.865
25.280
1.413%
 
 
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