USD/CAD approaches the first target – Analysis – 13/11/2018

news_22_feb_cad_usd_1The USDCAD pair continues to rise to approach our first waited target at 1.3300, moving inside the bullish channel that reinforces the expectations of achieving more bullish bias in the upcoming sessions, waiting to head towards 1.3382 on the near term basis.

Therefore, we will keep our bullish overview unless breaking 1.3128 and holding below it.

Expected trading range for today is between 1.3170 support and 1.3300 resistance.

Expected trend for today: Bullish

USDCAD approaches the first target – Analysis - 13-11-2018

Origin: Economies

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