USDCAD rises calmly – Analysis - 27-06-2018

Economies.com
2018-06-27 03:21AM UTC

The USDCAD pair begins to provide positive trading on its way to test 1.3382 again, which supports the continuation of our bullish overview in the upcoming sessions, noticing that stochastic prepares to provide positive overlapping signal that reinforces the chances of continuing the expected rise.

 

Breaching the mentioned level will push the price towards 1.3500 that represents our next main target, while breaking 1.3260 will push the price to test 1.3128 areas before any new attempt to rise.

 

Expected trading range for today is between 1.3260 support and 1.3400 resistance.

 

Expected trend for today: Bullish

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