USDCAD breaches the resistance – Analysis - 01-11-2018
Economies.com
2018-11-01 04:51AM UTC
The USDCAD pair managed to breach 1.3128 level and hold with a daily close above it, to activate the bullish trend scenario on the intraday and short term basis, opening the way to target 1.3200 followed by 1.3382 levels as next main stations.
The EMA50 supports the expected rise, which its continuation conditions holding above 1.3128 – 1.3100 levels.
Expected trading range for today is between 1.3080 support and 1.3230 resistance.
Expected trend for today: Bullish
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