The USDCAD keeps rising – Analysis 27-10-2023

com-l7The USDCAD pair shows more bullish bias to attempt to move away from 1.3800 barrier, reinforcing the expectations of continuing the bullish trend, reminding you that our next target is located at 1.3890.

The EMA50 continues to support the expected bullish wave, organized inside the bullish channel that appears on the chart, reminding you that it is important to hold above 1.3785 as a first condition to continue the suggested rise.

The expected trading range for today is between 1.3760 support and 1.3900 resistance.

The expected trend for today: Bullish

Origin: Economies

 

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply