USDCAD approaches the target – Analysis - 24-01-2019

2019-01-24 05:12:19 GMT (Economies.com)
USDCAD approaches the target – Analysis - 24-01-2019
 

The USDCAD pair provided clearer positive trading yesterday and approached our waited target at 1.3382, and it continues to move inside the bullish channel that appears on the chart, waiting for more rise in the upcoming sessions, reminding you that breaching the targeted level will extend the bullish wave to reach 1.3500.

 

Therefore, we will continue to suggest the bullish trend, supported by the EMA50, unless breaking 1.3305 level and holding below it.

 

Expected trading range for today is between 1.3280 support and 1.3420 resistance.

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1140
0.0042
0.3789%
1.2289
0.0135
1.1107%
17.418
0.314
1.834%
53.880
-0.920
1.679%
59.10
-0.82
1.37%
1526.175
13.910
0.920%
 
 
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