The USDCAD breaks the support – Analysis - 19-07-2019
Economies.com
2019-07-19 04:55AM UTC
The USDCAD pair broke 1.3050 level and settled below it, moving inside intraday bearish channel that appears on the chart, which supports the chances of continuing the bearish bias in the upcoming sessions, on its way to achieve negative targets that start at 1.2960 and extend to 1.2863.
Therefore, the bearish trend will be expected for today unless the price managed to breach 1.3050 followed by 1.3090 levels and hold above them.
The expected trading range for today is between 1.2950 support and 1.3090 resistance.
The expected trend for today: Bearish
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