The USD/CAD keeps rising – Analysis – 14/06/2022

usd_cad_1The USDCAD pair shows more bullish bias to test 1.2900 barrier, waiting for more rise to head towards our next positive target at 1.2930.

Holding above 1.2840 is important to continue the expected rise, noting that surpassing 1.2930 will extend the bullish wave to target the psychological barrier at 1.3000 as a next positive station.

The expected trading range for today is between 1.2830 support and 1.2970 resistance.

Origin: Economies

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