USDCAD attacks the resistance – Analysis - 26-04-2017
Economies.com
2017-04-26 04:51AM UTC
The USDCAD pair succeeded to hit our waited target at 1.3574 and settles near it after the attempt to breach it yesterday, which provides signals for the price head to breach the mentioned level then opening the way towards extending the bullish correctional wave on the short and medium term basis.
Therefore, our bullish expectations will remain valid and active unless breaking 1.3455 level and holding below it, pointing that the EMA50 keeps supporting the suggested bullish wave, while its next main target located at 1.3837.
Expected trading range for today is between 1.3470 support and 1.3670 resistance.
Expected trend for today: Bullish
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