USDCAD keeps achieving targets – Analysis - 05-09-2018
Economies.com
2018-09-05 04:31AM UTC
The USDCAD pair rallied upwards strongly yesterday to breach 1.3128 and succeed achieving our next waited target at 1.3200 and settles near it, which opens the way to achieve more rise in the upcoming period, paving the way to head towards our extended target that reaches 1.3382.
The EMA50 supports the price from below, to keep the bullish trend suggested on the intraday and short term basis conditioned by the price stability above 1.3128 – 1.3085 levels.
Expected trading range for today is between 1.3100 support and 1.3270 resistance.
Expected trend for today: Bullish
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