USDCAD awaits the confirmation – Analysis - 17-04-2017
Economies.com
2017-04-17 04:22AM UTC
The USDCAD pair hovers near 1.3310 level, and the price remains confined between the next trend levels that represented by 1.3265 support and the resistance that rises now at 1.3420, therefore, we remain neutral until confirming breaching one of these levels to detect its next targets clearly.
Reminding you that breaking the mentioned support will form negative motive that pushes the price to 1.2985 mainly, while breaching 1.3420 will lead the price to resume its bullish correctional track that its next target located at 1.3574.
Expected trading range for today is between 1.3200 support and 1.3420 resistance.
Expected trend for today: Neutral
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