USDCAD gets the positive momentum – Analysis - 25-07-2018
Economies.com
2018-07-25 03:40AM UTC
The USDCAD pair shows sideways trading recently and keeps its stability above 1.3128 level, thus, the bullish trend scenario will remain valid as it is without any change, supported by stochastic reach to the oversold areas, reminding you that the main waited target is located at 1.3382.
We should note that breaking 1.3060 will complete forming a bearish pattern that has the ability to turn the intraday and short term track to decline, to push the price to achieve negative targets that reach 1.2717.
Expected trading range for today is between 1.3100 support and 1.3260 resistance.
Expected trend for today: Bullish
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