The USDCAD faces negative pressure – Analysis - 16-05-2019
Economies.com
2019-05-16 00:41AM UTC
The USDCAD pair traded negatively yesterday to move below the EMA50, but as long as the price is above 1.3382, our bullish overview will remain active on the intraday and short term basis, supported by stochastic move at the oversold areas, reminding you that breaching 1.3495 will ease the mission of achieving our next main target at 1.3700.
The expected trading range for today is between 1.3380 support and 1.3530 resistance.
The expected trend for today: Bullish
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