The USD/CAD attempts positively – Analysis – 01/09/2021

com-l7The USDCAD pair attempted to break 1.2600 level but it keeps its stability above it, to keep the bullish trend scenario valid for the upcoming period, waiting to surpass 1.2665 to ease the mission of achieving our positive targets that start at 1.2720 and extend to 1.2775.

We remind you that breaking 1.2660 will stop the expected rise and force the price to turn to decline.

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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