USDCAD touches the target – Analysis - 02-07-2018
Economies.com
2018-07-02 02:31AM UTC
The USDCAD pair succeeded to reach our waited negative target at 1.3128, starting to provide some bullish bias now, hinting the price head to resume the correctional bullish trend and a potential rise to visit 1.3382 level again.
Therefore, the bullish trend will be suggested in the upcoming sessions, supported by stochastic move inside the oversold areas, taking into consideration that breaking 1.3128 will put the price under more negative pressure that its next target reaches 1.3020.
Expected trading range for today is between 1.3100 support and 1.3250 resistance.
Expected trend for today: Bullish
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