“¢ The pair built on this week’s goodish bounce from 100-day EMA and continued gaining positive traction for the second consecutive session on the last trading day of the week. “¢ The mentioned support coincides with a short-term descending trend-line resistance break-point and should act as a key pivotal point for the pair’s near-term directional move. “¢ Bullish oscillators on the daily chart support prospects for additional gains, albeit slightly overbought conditions on the 1-hourly chart seemed to cap any meaningful up-move. “¢ Hence, any pull-back to 1.3380-75 region might now be seen as a buying opportunity for an eventual bullish target towards monthly swing highs, around the 1.3465-70 region. USD/CAD daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Irish PM Varadkar: Brexit delay opens possibility of indicative UK votes FX Street 4 years "¢ The pair built on this week's goodish bounce from 100-day EMA and continued gaining positive traction for the second consecutive session on the last trading day of the week. "¢ The mentioned support coincides with a short-term descending trend-line resistance break-point and should act as a key pivotal point for the pair's near-term directional move. "¢ Bullish oscillators on the daily chart support prospects for additional gains, albeit slightly overbought conditions on the 1-hourly chart seemed to cap any meaningful up-move. "¢ Hence, any pull-back to 1.3380-75 region might now… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
