The USDCAD resumes the decline – Analysis - 19-10-2020
Economies.com
2020-10-19 04:15AM UTC
The USDCAD pair bounced bearishly after testing 1.3240 level in the previous sessions, to keep the negative effect of the double top pattern active, waiting for more decline in the upcoming sessions, as our targets begin by surpassing 1.3125 support barrier to head towards 1.3035 followed by 1.2960 levels as next main stations.
We should note that the continuation of the bearish wave conditions holding below 1.3240.
The expected trading range for today is between 1.3100 support and 1.3240 resistance.
The expected trend for today: Bearish
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