USD CAD breaches the resistance 25/02/2013
Economies.com
2013-02-25 05:49AM UTC
The pair made attempts to breach above the correctional bearish channel resistance last Friday and closed exactly at this level, to begin today positively settled above 1.0200.
Now we need to stay aside temporarily, where a daily close above the mentioned level will confirm the turning in the intraday trading to the upside, while the return below it will keep the general bearish scenario valid.
Expected trading range for today is between: 1.0095 support and 1.0365 resistance.
Expected trend for today: Neutral
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