The USDCAD surpasses the resistance – Analysis - 29-05-2019

Economies.com
2019-05-29 00:15AM UTC

The USDCAD pair succeeded to surpass 1.3490 and settled above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, paving the way to head towards our next target that extends to 1.3700.

 

Therefore, we will continue to suggest the bullish trend supported by the EMA50, noting that holding above 1.3480 represents initial condition to continue the suggested bullish wave.

 

The expected trading range for today is between 1.3440 support and 1.3570 resistance.

The expected trend for today: Bullish

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