USDCAD resumes rising – Analysis - 26-12-2018

2018-12-26 05:30:52 GMT (Economies.com)
USDCAD resumes rising – Analysis - 26-12-2018
 

The USDCAD pair begins today’s trading with more rise to start the breaching process to the bullish channel’s resistance, which supports the continuation of our bullish overview on the short term basis, paving the way to head towards 1.3792 that represents our next main target

 

Therefore, the bullish trend will remain valid for the upcoming period unless breaking 1.3525 level and holding below it.

 

Expected trading range for today is between 1.3550 support and 1.3700 resistance.

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1376
-0.0087
0.7616%
1.2855
-0.0002
0.0124%
15.535
-0.062
0.398%
51.870
0.250
0.484%
61.04
-0.30
0.49%
1292.035
4.275
0.332%
 
 
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