The USDCAD continues to decline – Analysis - 30-04-2021
Economies.com
2021-04-30 00:41AM UTC
The USDCAD pair provided additional negative trades to surpass 1.2300 barrier and settles below it, which support the continuation of our bearish overview efficiently for the upcoming period, paving the way to head towards 1.2210 that represents our next target.
The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 1.2430.
The expected trading range for today is between 1.2210 support and 1.2320 resistance.
The expected trend for today: Bearish
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