The USDCAD price within sideways track – Forecast today – 18-09-2024

news_22_feb_cad_usd_1The USDCAD price continues to move within sideways range, getting continuous positive support by the EMA50, thus, no change to the expected bullish trend for the upcoming period, which depends on the price stability above 1.3562$, reminding you that our targets begin at 1.3653$ and extend to 1.3700$ followed by 1.3765$ after surpassing the first level.

The expected trading range for today is between 1.3530$ support and 1.3665$ resistance.

Trend forecast: Bullish

Origin: Economies

 

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