USD CAD fluctuates calmly 31/01/2013

Economies.com
2013-01-31 05:27AM UTC

The pair showed a tight move yesterday settled below 1.0030, while Stochastic heads to the downside towards the oversold levels.

 

Until now, we remain uncertain from the stopping of the positive effect of the double top pattern that accomplished previously, and that makes us continue in our neutrality until breaking below 0.9910 or breaching above 1.0030 to the upside again.

 

Expected trading range for today is between: 0.9910 support and 1.0100 resistance.

 

Expected trend for today: Neutral

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