The USDCAD breaks the support – Analysis - 13-03-2019

Economies.com
2019-03-13 05:04AM UTC

The USDCAD pair broke 1.3382 and closed the daily candlestick below it, which puts the price under expected negative pressure in the upcoming sessions, targeting 1.3260 followed by 1.3128 levels as next main stations.

 

Therefore, the bearish bias will be suggested for today unless the price managed to breach 1.3382 level and hold above it again.

 

The expected trading range for today is between 1.3260 support and 1.3400 resistance.

The expected trend for today: Bearish

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