USD CAD is about to confirm the decline 22/11/2012

2012-11-22 05:55:27 GMT (Economies.com)
 

The pair moves lower quietly approaching from the rising wedge support level that shown in the image, which is at 0.9910, and breaching it will ease surpassing 0.9885 which is considered the key of confirming the continuation of the previously suggested bearish wave.

 

Stability below 1.0030 is considered as the main factor to keep our intraday expectations.

 

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

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2057
0.0004
0.0324%
1.3890
-0.0004
0.0259%
Tadawul
10228.35
-26.53
0.26%
27.314
0.795
3.000%
64.749
0.839
1.313%
68.23
-0.75
1.09%
1814.040
24.455
1.367%
 
 
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