USDCAD achieves some gains – Analysis - 20-04-2018
Economies.com
2018-04-20 03:53AM UTC
The USDCAD pair shows more bullish bias to approach 1.2700 barrier, and as long as the price is below 1.2717, the bearish trend scenario will remain active on the intraday and short term basis, supported by stochastic negativity that appears clearly on the four hours’ time frame, reminding you that we are waiting to visit 1.2463 as a next main target.
Expected trading range for today is between 1.2560 support and 1.2717 resistance.
Expected trend for today: Bearish
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