The USDCAD tests the support again – Analysis - 13-05-2019

Economies.com
2019-05-13 00:53AM UTC

The USDCAD pair traded with clear negativity on last Friday to test the key support 1.3382 and keeps its stability above it, accompanied by witnessing positive signals through stochastic, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, which its next main target located at 1.3700.

 

We remind you that the continuation of the expected bullish wave conditions holding above 1.3382.

 

The expected trading range for today is between 1.3360 support and 1.3520 resistance.

The expected trend for today: Bullish

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