USD CAD begins the decline 20/11/2012

Economies.com
2012-11-20 05:53AM UTC

The pair begins its’ waited bearishness, moving away from 1.0030 heading towards the main initial target at 0.9885, where the bearish trend scenario continues effectively until now.

 

EMA50 forms a minor support barrier at 0.9925 needed to be breached to confirm the continuation of the suggested bearish trend scenario.

 

Expected trading range for today is between: 0.9800 support and 1.0030 resistance.

 

Expected trend for today: Bearish

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