USD CAD is calm 27/12/2012

Economies.com
2012-12-27 05:51AM UTC

The pair is keeping the trading stability around EMA50, where the narrow range was dominating the last trading, that makes us continue in our neutral attitude due to the stuck trading between the critical levels represented by 0.9885 support and 1.0030 resistance.

 

On the other hand, there are a technical contradiction between Stochastic negativity and EMA50 positivity. 

 

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

 

Expected trend for today: Neutral

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