The USDCAD resumes the decline – Analysis - 27-06-2019
Economies.com
2019-06-27 04:24AM UTC
The USDCAD pair succeeded to touch our first waited target at 1.3130 and settles around it, waiting for more decline to visit 1.3050 level that represents our next main target.
In general, we will continue to suggest the bearish trend as long as the price is below 1.3286, noting that breaking 1.3050 will extend the correctional bearish wave to reach 1.2863 on the near term basis.
The expected trading range for today is between 1.3050 support and 1.3200 resistance.
The expected trend for today: Bearish
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