The USDCAD tests the initial support – Analysis - 20-09-2019
Economies.com
2019-09-20 05:04AM UTC
The USDCAD pair traded with clear negativity yesterday to test the first key support 1.3250, noticing that the price begins to rebound bullishly from there, motivated by stochastic positivity, while the EMA50 protects the mentioned support.
Therefore, the chances are valid to continue rising in the upcoming sessions, and the targets begin by breaching 1.3286 to open the way to head towards 1.3400, noting that holding above 1.3250 is important to achieve the suggested rise.
The expected trading range for today is between 1.3210 support and 1.3350 resistance.
The expected trend for today: Bullish
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