USDCAD awaits the confirmation – Analysis - 08-11-2018

Economies.com
2018-11-08 05:07AM UTC

The USDCAD pair keeps fluctuating between the key levels represented by 1.3090 support and 1.3128 resistance, and we still waiting to breach one of these levels to detect the next destination clearly, which makes us continue with our neutrality until now until we get clearer signal for the next trend.

 

Note that the details of the expected targets after breaching the mentioned levels are explained in our previous report.

 

Expected trading range for today is between 1.3040 support and 1.3180 resistance.

 

Expected trend for today: Neutral

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