The USDCAD suffers sharp losses – Analysis - 10-06-2019
Economies.com
2019-06-10 04:37AM UTC
The USDCAD pair traded with strong negativity after breaking 1.3382 level, to surpass the first expected negative target at 1.3300 and settles below it, paving the way to extend the bearish wave on the intraday and short term basis.
Therefore, we expect the continuation of the bearish bias in the upcoming sessions unless the price rallied to breach 1.3382 level and hold above it, noting that the next main target extends to reach 1.3128.
The expected trading range for today is between 1.3200 support and 1.3340 resistance.
The expected trend for today: Bearish
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