The USDCAD activates the negative scenario – Analysis - 02-04-2019
Economies.com
2019-04-02 04:18AM UTC
The USDCAD pair broke 1.3345 level clearly and settled with a daily close below it, to activate the bearish trend scenario on the intraday basis, targeting visiting 1.3210 followed by 1.3128 levels as next main stations.
Therefore, the bearish bias will be expected for today unless the price rallied to breach 1.3382 level and hold above it.
The expected trading range for today is between 1.3230 support and 1.3382 resistance.
The expected trend for today: Bearish
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