USD CAD is settled 04/02/2013

Economies.com
2013-02-04 05:24AM UTC

The pair settled below 1.0030, which keeps the expectations of the bearish trend valid on the intraday basis, as we are waiting a test to the next critical support at 0.9885

 

Stochastic positivity might push the price to retest 1.0030 before trying to decline again, noting that breaching above the mentioned level will cause an intraday turn to the upside

 

Expected trading range for today is between: 0.9850 support and 1.0030 resistance.

 

Expected trend for today: Bearish

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