USDCAD - Technical Analysis: Tuesday, 03/02/2015 06:38 GMT
The pair continues the main positive rally supported by the exponential moving average 50, and stochastic gains positive momentum that reinforces the chances of achieving extended targets for the upcoming period.
The psychological barrier 1.3000 represents the next target, and it’s important to be aware from any potential bearish correctional wave that might appear.
Trend
Bullish