The USDCAD achieves strong gains – Analysis - 22-09-2022
Economies.com
2022-09-22 04:04AM UTC
The USDCAD pair soared sharply yesterday to surpass 1.3390 level, and opens today with more rise to achieve our extended target at 1.3490, noticing that the price keeps providing the positive trades to surpass this level and open the way to achieve more expected gains, to head towards visiting 1.3650 areas as a next main station.
Therefore, we expect the continuation of the bullish trend domination in the upcoming period, noting that breaking 1.3460 might press on the price to achieve some temporary bearish correction before resuming the bullish wave again.
The expected trading range for today is between 1.3460 support and 1.3610 resistance.
The expected trend for today: Bullish
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