USD CAD at the sideways’ resistance 25/01/2013

2013-01-25 04:38:46 GMT (Economies.com)
USD CAD at the sideways’ resistance 25/01/2013
 

The pair continued with the positive moves to hit now 50% Fibonacci level which acts as a critical resistance at 1.0030, and as we mentioned in previous reports, breaching above this level will open the way for intraday turn to the upside.

 

Now, we prefer continuing with neutrality to monitor the price behavior according to the critical levels represented by the mentioned resistance and 0.9930 support

 

Expected trading range for today is between: 0.9930 support and 1.0150 resistance.

 

Expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.1205
0.0042
0.3740%
1.2713
-0.0024
0.1876%
14.565
0.147
1.023%
59.045
-3.636
5.801%
69.27
1.51
2.23%
1284.910
7.145
0.559%
 
 
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