USDCAD attempts positively – Analysis - 21-12-2018

2018-12-21 05:04:38 GMT (Economies.com)
USDCAD attempts positively – Analysis - 21-12-2018
 

The USDCAD pair attempted to breach 1.3500 barrier without managing to hold above it, and the EMA50 keeps providing the positive support to the price, while the bullish channel continues to organize the short term bullish wave.

 

Therefore, the bullish trend will remain valid and active in the upcoming period conditioned by the price stability above 1.3382, noting that our next target is located at 1.3610.

 

Expected trading range for today is between 1.3400 support and 1.3600 resistance.

Expected trend for today: Bullish

 
 
  Symbol Last Change Chg.%
1.1364
-0.0099
0.8667%
1.2874
0.0017
0.1357%
15.340
-0.258
1.651%
53.837
2.217
4.296%
62.70
1.52
2.48%
1281.360
-6.400
0.497%
 
 
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