Last Friday USDCAD reached resistance level around 1.3200 and reject from it, bounced back to the support level.
Stoch seem the signals line has cross to a positive signals; RSI had above the 50 level; price is above the resistance level.
The intraday trading range would around 1.3079- 1.3239. I would suggest can have a long bias above 1.3155. Target around 1.3200.
*This is based on current market conditions which can change any time. All trades taken at your own risk.
Stoch seem the signals line has cross to a positive signals; RSI had above the 50 level; price is above the resistance level.
The intraday trading range would around 1.3079- 1.3239. I would suggest can have a long bias above 1.3155. Target around 1.3200.
*This is based on current market conditions which can change any time. All trades taken at your own risk.