The USD/CAD keeps its positive stability – Analysis – 31/08/2021

usd_cad_news_prognozThe USDCAD pair keeps its consolidation above 1.2600 level, and begins to provide positive trades now, to support the continuation of our bullish overview, which targets 1.2720 followed by 1.2775 levels as next main stations.

Note that breaking 1.2600 and holding below it will stop the positive scenario and press on the price to exit the current bullish track.

The expected trading range for today is between 1.2570 support and 1.2700 resistance.

The expected trend for today: Bullish

Origin: Economies

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