USDCAD surpasses the psychological barrier – Analysis - 30-05-2018

Economies.com
2018-05-30 00:47AM UTC

The USDCAD pair resumed its positive trading to breach 1.3000 level and settles above it, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, supported by the EMA50 that carries the price from below, reminding you that our waited target is located at 1.3128.

 

Therefore, we are waiting for more rise today unless breaking 1.2923 level and holding below it.

 

Expected trading range for today is between 1.2940 support and 1.3120 resistance.

 

Expected trend for today: Bullish

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