The USDCAD awaits more rise – Analysis 28-08-2023

usd_cad_forex_2The USDCAD pair continues to provide the positive trades and attempts to breach 1.3600 level, but it is affected by stochastic negativity to show some bearish bias, waiting to get positive motive that assist to push the price to resume the bullish wave that its next target located at 1.3680.

The bullish channel continues to organize the suggested bullish wave, which will remain valid conditioned by the price stability above 1.3500.

The expected trading range for today is between 1.3530 support and 1.3670 resistance.

The expected trend for today: Bullish

Origin: Economies

 

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply