USD CAD is settled 08/01/2013

Economies.com
2013-01-08 05:42AM UTC

The pair keeps the stability below 0.9885, and EMA50 continues providing a negative pressure supports the continuation of our general expectations for the bearish trend targeting 0.9800 followed by 0.9700 initially.

 

Stochastic positivity might keep the sideways fluctuation valid for a while before resuming the expected bearishness.

 

Expected trading range for today is between: 0.9700 support and 0.9950 resistance.

 

Expected trend for today: Bearish

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