USDCAD gets a positive motive – Analysis - 17-01-2019

Economies.com
2019-01-17 05:12AM UTC

The USDCAD pair resumes its positive trading by today’s opening to approach the EMA50, motivated by the positive signal provided now by stochastic, organized inside the bullish channel that appears on the chart, waiting to target 1.3335 followed by 1.3382 as next main stations.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.3240.

 

Expected trading range for today is between 1.3240 support and 1.3370 resistance.

Expected trend for today: Bullish

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