USD CAD fluctuated 14/01/2013

Economies.com
2013-01-14 05:37AM UTC

The pair remains stable below 0.9885, and this is considered as the main factor that makes us continue in our intraday bearish trend scenario, which gets good support from EMA50.

 

The waited targets still starting at 0.9800 followed by 0.9700, pointing that Stochastic positivity causes the current sideways trading range.

 

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

 

Expected trend for today: Bearish

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