The USD/CAD resumes the rise – Analysis – 31/03/2021

com-l7The USDCAD pair resumed its positive trading to settle above 1.2600 barrier, reinforcing the expectations of continuing the bullish trend, which targets 1.2705 as a next main station.

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1.2525 and holding below it.

The expected trading range for today is between 1.2560 support and 1.2705 resistance.

The expected trend for today: Bullish

Origin: Economies

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