The USDCAD surpasses the resistance – Analysis - 26-11-2019
Economies.com
2019-11-26 05:40AM UTC
The USDCAD pair managed to breach 1.3295 and hold above it, to build good support base that reinforces the expectations of continuing the bullish trend in the upcoming sessions, which targets 1.3380 level as a next main station.
Therefore, we will continue to suggest the bullish bias on the intraday and short term basis conditioned by the price stability above 1.3240, noting that the EMA50 supports the positive overview.
The expected trading range for today is between 1.3260 support and 1.3380 resistance.
The expected trend for today: Bullish
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