USD CAD awaits the reversal 14/11/2012

2012-11-14 05:44:22 GMT (Economies.com)
 

The pair continues fluctuating near the critical resistance 1.0030, accompanied with negative signals offered by stochastic that supports the current resistance strength.

 

Therefore, our preferred bearish trend remains valid as it is, initially targeting the support level at 0.9885, while steadiness below 1.0030 is required to achieve it.

 

Expected trading range for today is between: 0.9800 support and 1.0100 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2171
-0.0002
0.0173%
1.4148
0.0012
0.0870%
Tadawul
10322.68
86.96
0.85%
27.475
-0.330
1.185%
64.891
-0.501
0.766%
68.46
0.13
0.19%
1831.345
-12.880
0.698%
 
 
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