USDCAD resumes rising – Analysis - 12-06-2018

Economies.com
2018-06-12 00:49AM UTC

The USDCAD pair showed positive trades to move away from 1.2923 level, which supports the continuation of our bullish overview efficiently in the upcoming sessions, getting good positive support by the EMA50, waiting to head towards 1.3128 as a next main target, reminding you that the continuation of the suggested bullish wave depends on holding above 1.2923.

 

Expected trading range for today is between 1.2900 support and 1.3070 resistance.

 

Expected trend for today: Bullish

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