The USDCAD surpasses the resistance – Analysis - 13-11-2020

Economies.com
2020-11-13 05:31AM UTC

The USDCAD pair continued to rise yesterday to breach 1.3100 and settles above it, which leads the price to turn to rise and head to achieve more expected rise in the upcoming sessions, paving the way to visit 1.3255 followed by 1.3362 levels as next positive targets.

 

Therefore, the bullish trend will be expected for today, noting that breaking 1.3105 will stop the expected rise and press on the price to decline again.

 

The expected trading range for today is between 1.3100 support and 1.3250 resistance.

The expected trend for today: Bullish

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