USD CAD is calm 25/03/2013

Economies.com
2013-03-25 05:25AM UTC

The pair continues its sideways trading which is limited between 1.0180 and 1.0365, while Stochastic is providing now a negative overlapping signal that might force the price to press on the critical support 1.0180, which we depended on it to prefer the bullish trend in our recent reports.

 

Now, we need to stay aside until the price succeeds to surpass one of the aforementioned levels, where the contradiction between Stochastic and EMA50 provides another reason for staying aside.

 

Expected trading range for today is between: 1.0120 support and 1.0365 resistance.

 

Expected trend for today: Neutral

 

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