The USD/CAD gathers the positive momentum – Analysis – 30/06/2023

usd_cad_2The USDCAD pair traded positively yesterday to attempt to move away from 1.3205 level, reinforcing the expectations of continuing the intraday bullish trend, and we believe that the way is open to achieve our waited target at 1.3350.

Stochastic gains the positive momentum clearly and approaches the oversold areas, waiting to motivate the price to resume the positive trades, reminding you that it is important to hold above 1.3205 to continue the expected bullish wave.

The expected trading range for today is between 1.3190 support and 1.3330 resistance.

The expected trend for today: Bullish

Origin: Economies

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