USDCAD continues to rise – Analysis - 08-02-2018
Economies.com
2018-02-08 05:12AM UTC
The USDCAD pair resumed its positive trading to approach 1.2600 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming period, which gets positive support by the EMA50, reminding you that our next target is located at 1.2717.
We should note that holding above 1.2470 is important to continue the expected rise, as breaking it will push the price to resume the main bearish trend again.
Expected trading range for today is between 1.2500 support and 1.2650 resistance.
Expected trend for today: Bullish
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