USD CAD in sideways range 26/12/2012

Economies.com
2012-12-26 08:23AM UTC

The pair is fluctuating around the EMA50 after achieving a breach above 0.9885, while Stochastic is offering overbought levels might turn the price back to downside again.

 

Now, we need to stay aside until getting clearer signals for the trend, by surpassing one of the critical levels represented by 0.9885 support and 1.0030 resistance

 

Expected trading range for today is between: 0.9800 support and 1.0030 resistance

 

Expected trend for today: Neutral

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