USDCAD resumes rising – Analysis - 18-12-2018
Economies.com
2018-12-18 05:04AM UTC
The USDCAD pair provided positive trades yesterday to move away from 1.3382 level and begins testing 1.3400 barrier, reinforcing the expectations of continuing the bullish trend, which its next target extends to reach 1.3580, supported by the EMA50 that keeps pushing the price upwards.
Therefore, we will continue to suggest the bullish bias in the upcoming sessions unless breaking 1.3350 level and holding below it.
Expected trading range for today is between 1.3350 support and 1.3500 resistance.
Expected trend for today: Bullish
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