USD CAD inside the bearish channel again 28/03/2013
Economies.com
2013-03-28 05:42AM UTC
The pair continues its quiet decline and settled below the correctional bearish channel, to activate the bearish trend expectations on the intraday and short term basis, where the targets now begin at 1.0035
Breaking below 1.0140 is required now to confirm the continuation of the bearish trend and the cancelation of the effect of Stochastic current positivity.
Expected trading range for today is between: 1.0035 support and 1.0230 resistance.
Expected trend for today: Bearish
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