USDCAD resumes rising – Analysis - 27-11-2018

Economies.com
2018-11-27 05:13AM UTC

The USDCAD pair resumed its positive trading yesterday to trade inside the bullish channel again, which supports the continuation of our bullish overview on the intraday and short term basis, waiting to head towards 1.3382 that represents our next main target.

 

The EMA50 supports the positive overview, which its continuation conditions holding above 1.3128.

 

Expected trading range for today is between 1.3200 support and 1.3350 resistance.

 

Expected trend for today: Bullish

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