The USDCAD within tight track – Analysis - 26-07-2021

Economies.com
2021-07-26 03:50AM UTC

The USDCAD pair is confined within tight track around the EMA50, thus, no change to the bearish trend scenario that depends on the price stability below 1.2650, while the main expected target is located at the bullish channel’s support line at 1.2510.

 

The expected trading range for today is between 1.2510 support and 1.2640 resistance.

The expected trend for today: Bearish

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