The USDCAD begins negatively – Analysis - 18-03-2019
Economies.com
2019-03-18 05:23AM UTC
The USDCAD pair begins today’s trading with bearish bias after the EMA50 proved its strength against the pair’s recent positive attempts, to keep the bearish trend dominant on the intraday basis, waiting for more decline to visit 1.3260 followed by 1.3128 levels that represent our next main targets.
We remind you that holding below 1.3382 is required to achieve the waited targets, as breaching it will turn the price to rise and achieve positive targets that begin at 1.3460.
The expected trading range for today is between 1.3220 support and 1.3380 resistance.
The expected trend for today: Bearish
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