USDCAD shows mixed trades – Analysis - 07-06-2018
Economies.com
2018-06-07 00:40AM UTC
The USDCAD pair provided strong negative trades to attack 1.2923 level, but it returns to end the day above it, noticing that stochastic provides positive signals on the four hours’ time frame, waiting to motivate the price to resume the bullish bias in the upcoming sessions.
Therefore, our bullish overview will remain valid unless the price closed the daily candlestick below 1.2923, reminding you that our next station reaches 1.3128.
Expected trading range for today is between 1.2900 support and 1.3040 resistance.
Expected trend for today: Bullish
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