The USDCAD tests the key support – Analysis - 28-10-2020
Economies.com
2020-10-28 03:39AM UTC
The USDCAD pair tested the key support 1.3140 without managing to break it, to show some bullish bias affected by stochastic positivity, waiting to resume the negative attempts to break the mentioned support and confirm heading towards our negative targets that start at 1.3035 followed by 1.2960.
Until now, we will continue to suggest the bearish trend for the upcoming period unless we witnessed clear breach to 1.3240 and hold above it.
The expected trading range for today is between 1.3110 support and 1.3240 resistance.
The expected trend for today: Bearish
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