USD CAD begins to decline 11/01/2013

2013-01-11 05:20:36 GMT (Economies.com)
USD CAD begins to decline 11/01/2013
 

The pair started to decline leaving 0.9885 level, with a continuous negative pressure coming from EMA50, to continue with our bearish trend expectations towards 0.9800 and 0.9700

 

We remind you that breaching above 0.9885 will postpone achieving the waited targets and lead into a temporary sideways’ trading.

 

Expected trading range for today is between: 0.9700 support and 0.9900 resistance.

 

Expected trend for today: Bearish

 
 
 
  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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