USDCAD continues to fluctuate – Analysis - 09-06-2017
Economies.com
2017-06-09 01:01AM UTC
The USDCAD pair hovers near the EMA50 since yesterday, where the tight range controls the last trading, where the overall bearish trend scenario remains valid as long as the price below 1.3574 level, reminding you that breaching this level will lead the price to achieve gains that reach 1.3836 mainly.
Note that breaking 1.3440 level will ease the price mission to head towards our next main target at 1.3310.
Expected trading range for today is between 1.3400 support and 1.3574 resistance.
Expected trend for today: Bearish
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