The USD/CAD resumes the rise – Analysis – 17/09/2020

usd-cadThe USDCAD pair begins today with clear positivity to move away from the EMA50, which supports the continuation of our bullish overview efficiently in the upcoming sessions, and the way is open to achieve our main waited target at 1.3362.

Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, noting that holding above 1.3110 is important to continue the suggested rise.

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

The expected trend for today: Bullish

Origin: Economies

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