The USDCAD affected by the negative pattern – Analysis - 22-10-2019
Economies.com
2019-10-22 04:47AM UTC
The USDCAD pair resumed its negative trading clearly yesterday after confirming the completion of forming double top pattern that appears in the image, reinforcing the expectations for the bearish trend continuation that targets 1.3015 mainly.
Therefore, we wait for more of the downside moves in the upcoming sessions unless the price rally to breach 1.3155 level and holding above it.
The expected trading range for today is between 1.3000 support and 1.3140 resistance.
The expected trend for today: Bearish
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