The USDCAD within tight track – Analysis - 25-11-2022
Economies.com
2022-11-25 04:09AM UTC
The USDCAD pair didn’t show any strong move since yesterday, to remain stable below 1.3350 level, thus, our bearish overview will remain valid and active for the upcoming period, as the price completed forming double top pattern that has negative targets that reach 1.3205.
The EMA50 supports the expected decline, which will remain valid unless breaching 1.3350 and holding above it.
The expected trading range for today is between 1.3250 support and 1.3400 resistance.
The expected trend for today: Bearish
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