USDCAD hits the target – Analysis - 15-06-2018
Economies.com
2018-06-15 02:49AM UTC
The USDCAD pair succeeded to rally upwards to achieve our waited target at 1.3128, starting today with bullish bias to breach this level and attempts to hold above it, which paves the way to extend the bullish wave on the short term and medium term basis, to head towards visiting 1.3223 level as a next main station.
Therefore, the bullish trend will remain suggested in the upcoming sessions, noting that trading below 1.3128 will stop the current bullish momentum and force the price to provide some negative trading on the intraday basis before any new attempt to rise.
Expected trading range for today is between 1.3060 support and 1.3223 resistance.
Expected trend for today: Bullish
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