The USDCAD surpasses the resistance – Analysis - 03-12-2019
Economies.com
2019-12-03 05:46AM UTC
The USDCAD pair managed to surpass 1.3295 level and closed the daily candlestick above it, which supports the continuation of our bullish trend expectations on the intraday and short term basis, easing the way for visiting 1.3380 level that represents our next main target.
Therefore, we will keep our positive expectations that organize within the bullish channel that appears in the image, pointing that the continuation of the expected rise requires holding above 1.3240 level.
The expected trading range for today is between 1.3250 support and 1.3380 resistance.
The expected trend for today: Bullish
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