USD CAD in continuation pattern 14/03/2013

Economies.com
2013-03-14 05:45AM UTC

More tight range move is controlling the pair, while the trading is limited inside a symmetrical triangle that appears in the minor image, this pattern supports the expectations of continuing the bullish trend on the intraday basis, to target 1.0365 followed by the breaching attempt to open the way for more gains.

 

We remind you that holding above 1.0180 is important for the continuation in the suggested positive expectations.

 

Expected trading range for today is between: 1.0180 support and 1.0450 resistance.

 

Expected trend for today: Bullish

 

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