USDCAD still stuck – Analysis - 06-11-2018

Economies.com
2018-11-06 04:41AM UTC

The USDCAD pair continues to fluctuate between the trend keys represented by 1.3070 support and 1.3128 resistance, and as we mentioned in our recent reports, the price needs to breach one of these levels to detect its next destination clearly.

 

Therefore, we will continue with our neutrality until now, while the expected targets after breaching the above mentioned levels are explained in our previous report.

 

Expected trading range for today is between 1.3040 support and 1.3180 resistance.

 

Expected trend for today: Neutral

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