The USDCAD price around the moving average – Forecast today - 10-04-2024
Economies.com
2024-04-10 03:08AM UTC
The USDCAD price fluctuates around the EMA50 that forms good intraday support against the price, and it is expected to move towards the sideways range’s support line at 1.3505$ in the upcoming sessions.
Until now, the sideways scenario still suggested on the intraday basis, waiting to break the mentioned support or breaching 1.3606$ resistance to detect the next destination clearly, and you can check the details of the expected targets after the breach through reviewing the previous report of the USDCAD pair.
The expected trading range for today is between 1.3500$ support and 1.3650$ resistance.
Trend forecast: Sideways
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