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The USDCAD touches the first target – Analysis - 18-08-2021
The USDCAD pair succeeded to achieve our waited target at 1.2615 and attempts to breach it, to support the chances of continuing the rise and achieve additional gains that reach 1.2700.
The EMA50 continues to carry the price from below, to keep our bullish overview for the upcoming period, noting that failing to hold above 1.2615 might press on the price to test 1.2500 areas before any new attempt to rise.
The expected trading range for today is between 1.2550 support and 1.2690 resistance.
The expected trend for today: Bullish
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The USDJPY starts bullish wave – Analysis - 18-08-2021
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