USDCAD resumes rising – Analysis - 11-10-2018

Economies.com
2018-10-11 04:11AM UTC

The USDCAD pair rallied upwards strongly to succeed breaching 1.3000 level and settles above it, confirming opening the way to head towards 1.3128 that represents our next main target.

 

Therefore, we are waiting for more rise in the upcoming sessions conditioned by the price stability above 1.2984 and the most important above 1.2923.

 

Expected trading range for today is between 1.2984 support and 1.3123 resistance.

 

Expected trend for today: Bullish

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