USDCAD continues to rise – Analysis - 22-06-2018
Economies.com
2018-06-22 03:44AM UTC
The USDCAD pair keeps crawling upwards on its way towards our waited target at 1.3382, getting continuous positive support by the EMA50, to continue suggesting the bullish trend in the upcoming sessions, noting that breaching the mentioned level will extend the pair’s gains to reach 1.3500 as a next main station.
On the other hand, we should note that breaking 1.3290 might push the price to decline and test 1.3128 areas before any new attempt to rise.
Expected trading range for today is between 1.3230 support and 1.3400 resistance.
Expected trend for today: Bullish
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