The USDCAD still sideways – Analysis - 21-01-2020
Economies.com
2020-01-21 05:39AM UTC
The USDCAD pair continues to fluctuate within sideways track, confined between 1.3039 support and 1.3092 resistance, thus, the sideways move will remain dominant on the intraday trades until the price manages to breach one of these levels.
We remind you that breaching the mentioned resistance will extend the correctional bullish wave to reach 1.3180, while breaking the support will press on the price to resume the bearish trend that its next target located at 1.2950.
The expected trading range for today is between 1.2980 support and 1.3120 resistance.
The expected trend for today: Sideways
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