The USDCAD continues to fluctuate – Analysis - 08-03-2021

Economies.com
2021-03-08 05:03AM UTC

The USDCAD pair continues to fluctuate between the next trend keys represented by 1.2635 support and 1.2715 resistance without managing to confirm breach them until now, which makes us continue with our neutrality until now, as the price faces contradiction between the technical factors that makes us wait to get clearer signal for the next trend through breaching one of the mentioned levels.

 

To review the details of the expected targets after the breach, please check our previous report.

 

The expected trading range for today is between 1.2580 support and 1.2740 resistance.

The expected trend for today: Neutral

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