USDCAD crawls upwards – Analysis - 10-08-2017
Economies.com
2017-08-10 04:00AM UTC
The USDCAD pair shows slight positive trading to approach from 1.2739 level gradually, and as we mentioned yesterday, the price needs to breach this level to confirm the continuation of the correctional bullish wave, as our next target is located at 1.2940.
In general, we will continue to suggest the bullish trend in the upcoming period unless breaking 1.2630 and holding below it, noting that the EMA50 provides positive support to the suggested bullish wave.
Expected trading range for today is between 1.2630 support and 1.2820 resistance.
Expected trend for today: Bullish
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