The USDCAD gets positive motive – Analysis 13-09-2023

usd_cad_forex_The USDCAD pair’s declined stopped around 1.3545, to start providing positive trades by today’s open, affected by stochastic positivity, which hints heading to achieve expected gains in the upcoming sessions, targeting testing 1.3610 level initially, noting that breaching this level will push the price to 1.3680 as a next positive target.

Therefore, the bullish bias will be suggested for today, noting that breaking 1.3545 will stop the expected rise and push the price to test 1.3500 before determining the next destination clearly.

The expected trading range for today is between 1.3510 support and 1.3640 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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