The USDCAD declines calmly – Analysis - 26-04-2021
Economies.com
2021-04-26 01:08AM UTC
The USDCAD pair shows calm negative trades to move away gradually from 1.2500 barrier, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, supported by the EMA50, reminding you that our next target reaches 1.2365.
Therefore, we will continue to suggest the bearish trend unless the price rallied to breach 1.2590 and hold above it.
The expected trading range for today is between 1.2420 support and 1.2530 resistance.
The expected trend for today: Bearish
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