USDCAD resumes rising – Analysis - 29-05-2018
Economies.com
2018-05-29 01:18AM UTC
The USDCAD pair tested the psychological barrier 1.3000, waiting to surpass this level to confirm opening the way to achieve our main waited target at 1.3128.
In general, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 1.2923, noting that the price might be forced to show some temporary sideways fluctuation in order to gather enough positive momentum to push the pair to achieve the above mentioned target.
Expected trading range for today is between 1.2920 support and 1.3100 resistance.
Expected trend for today: Bullish
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