The USDCAD achieves strong gains – Analysis - 24-04-2019

2019-04-24 04:27:29 GMT (

The USDCAD pair rallied upwards strongly yesterday to breach 1.3382 level and settles above it, noticing that the price begins today with more rise to surpass key resistance at 1.3425, which confirms the turn to rise on the intraday and short term basis, targeting visiting 1.3500 followed by 1.3700 levels as next main stations.


Therefore, the bullish trend will be suggested in the upcoming sessions unless breaking 1.3382 level and holding below it.


The expected trading range for today is between 1.3380 support and 1.3540 resistance.

The expected trend for today: Bullish

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