Forex

The EURCAD begins rising – Analysis – 22-9-2020

2020-09-22 05:44:45 GMT (Economies.com)

The EURCAD pair succeeded to gather the positive momentum due to stochastic reach to the overbought areas, to notice rallying from 1.5585 and settling near the first positive target at 1.5680.

 

Also, the price consolidation within the main bullish channel allows us to continue suggesting the bullish attempts to expect moving towards 1.5710 followed by reaching the recently recorded top at 1.5750.

 

The expected trading range for today is between 1.5620 and 1.5710

 

The expected trend for today: Bullish

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