The USDCAD tests the moving average – Analysis - 06-08-2019
Economies.com
2019-08-06 05:02AM UTC
The USDCAD pair fluctuates at the EMA50 that continues to form good support base against the price, to protect the continuation of the recently suggested positive scenario, organized inside the bullish channel that appears on the chart, waiting to resume the bullish bias that its next main target located at 1.3286.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 1.3150 and holding below it.
The expected trading range for today is between 1.3130 support and 1.3280 resistance.
The expected trend for today: Bullish
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