USD CAD in tight range 22/04/2013
Economies.com
2013-04-22 05:28AM UTC
The tight range remains controlling the pair’s trading, which remains stable above 1.0140, keeping our expectations for moving higher valid, but we must be aware that Stochastic negativity might force the price to decline, besides the price disability to record a higher top than the last recorded top at 1.0340, which signals that there is a weakness in the bullish momentum.
Expected trading range for today is between: 1.0140 support and 1.0365 resistance.
Expected trend for today: Bullish
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