USDCAD achieves clear gains – Analysis - 06-06-2018

Economies.com
2018-06-06 01:34AM UTC

The USDCAD pair traded with strong positivity yesterday to approach 1.3100 barrier, but it returns to fluctuate below 1.3000 now, which shows the price need to get enough positive momentum to push the pair for more gains in the upcoming period, as our next main target is located at 1.3128.

 

Therefore, we will continue to suggest the bullish trend unless breaking 1.2923 level and holding below it.

 

Expected trading range for today is between 1.2900 support and 1.3060 resistance.

 

Expected trend for today: Bullish

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