USDCAD recovers – Analysis - 31-08-2018
Economies.com
2018-08-31 03:34AM UTC
The USDCAD pair traded with strong positivity yesterday to settle above 1.2923 level, starting today with more rise to surpass 1.3000 barrier, which leads the price to achieve more potential gains in the upcoming sessions, on its way to test 1.3065 followed by 1.3128 levels as next main stations.
Therefore, the bullish trend will be suggested for today supported by stochastic positivity, taking into consideration that breaking 1.2923 will reactivate the negative scenario again.
Expected trading range for today is between 1.2930 support and 1.3128 resistance.
Expected trend for today: Bullish
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