USDCAD continues to rise – Analysis - 14-11-2018

Economies.com
2018-11-14 05:03AM UTC

The USDCAD pair shows more positive trading that moves organized inside the bullish channel, getting positive support by the EMA50, which supports the continuation of the bullish overview on the intraday and short term basis, which its next main target located at 1.3382.

 

Holding above 1.3128 is important to continue the expected rise, as breaking it will put the price under the negative pressure again.

 

Expected trading range for today is between 1.3170 support and 1.3320 resistance.

 

Expected trend for today: Bullish

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