The USD/CAD surpasses the resistance – Analysis – 26/04/2022

usd_cad_news_prognozThe USDCAD pair succeeded to surpass 1.2725 and closed the daily candlestick above it, which supports the continuation of the expected bullish trend scenario efficiently on the intraday basis, paving the way to head towards 1.2850 followed by 1.2950 levels as next main targets.

Therefore, our positive overview will remain valid unless breaking 1.2725 and holding below it.

The expected trading range for today is between 1.2680 support and 1.2800 resistance.

The expected trend for today: Bullish

Origin: Economies

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