14, November 2017

USD/CAD

The US dollar preserved its bullish tone on Tuesday. The major kept recovering during the European session approaching 1.2750. The resistance is at 1.2800, the support stands 1.2700.

Buyers need to break through the EMA50 and the EMA100 to keep driving the spot higher. If they manage to regain these lines the pair may reach 1.2800 in the coming sessions.