The USDCAD tests the support base – Analysis - 23-09-2022
Economies.com
2022-09-23 04:04AM UTC
The USDCAD pair bounced bearishly to approach the key support 1.3460, and as we mentioned yesterday, the price needs to hold above this level to keep the bullish trend active, as breaking it might press on the price to test additional support areas that reach 1.3340 before any new positive attempt.
Note that breaching 1.3510 will ease the mission of resuming the bullish wave that its next main target located at 1.3650.
The expected trading range for today is between 1.3400 support and 1.3555 resistance.
The expected trend for today: Bullish
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