USD CAD is stuck 02/04/2013
Economies.com
2013-04-02 05:24AM UTC
The pair’s trading is stuck in very tight range between the EMA50 and the bearish channel resistance as appears in the image, where Stochastic keeps providing positive signals that stops the bearish bias.
In general, the bearish trend remains valid as long as the price is stable below 1.0180, and breaking below 1.0140 will ease achieving the first target at 1.0035
Expected trading range for today is between: 1.0035 support and 1.0230 resistance.
Expected trend for today: Bearish
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