USDCAD surpasses the target – Analysis - 06-12-2018
Economies.com
2018-12-06 05:11AM UTC
The USDCAD pair rallied upwards strongly yesterday to succeed achieving our waited target at 1.3382, starting today with more rise to breach this level and open the way to extend the bullish wave on the short term basis, as the next target extends to reach 1.3470 followed by 1.3540.
Therefore, the bullish trend will remain dominant in the upcoming period, noting that holding above 1.3382 represents initial condition to continue the expected rise.
Expected trading range for today is between 1.3350 support and 1.3500 resistance.
Expected trend for today: Bullish
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