USDCAD keeps its positive stability – Analysis - 24-07-2018

Economies.com
2018-07-24 03:24AM UTC

The USDCAD pair traded with calm positivity yesterday to move away from the key support 1.3128, which supports the continuation of our bullish overview, which gets continuous positive support by the EMA50, waiting to visit 1.3382 level that represents our next main target.

 

We should note that breaking 1.3128 followed by 1.3060 levels will stop the expected rise and put the price under negative pressure that its main targets 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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