The USD/CAD is stable – Analysis – 04/07/2023

usd_cad_news_prognozThe USDCAD pair didn’t show any strong move yesterday, as it fluctuated within tight range, keeping its stability above 1.3205, thus, no change to the bullish trend scenario that depends on the price stability above the mentioned level, supported by the EMA50 that carries the price from below, reminding you that we are waiting to visit 1.3350 as a next main target.

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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