USDCAD tests the support – Analysis - 11-09-2018
Economies.com
2018-09-11 04:15AM UTC
The USDCAD pair returns to fluctuate at the key support 1.3128 and settles above it, while the EMA50 keeps supporting the price from below, which keeps the bullish trend scenario valid until now, and the price needs to breach 1.3185 to ease the mission of heading towards 1.3382 that represents our next main target.
We should note that breaking 1.3128 followed by 1.3095 levels will stop the positive overview and push the price to decline again.
Expected trading range for today is between 1.3080 support and 1.3270 resistance.
Expected trend for today: Bullish
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