USD CAD maneuvers positively 15/04/2013
Economies.com
2013-04-15 05:33AM UTC
We still depending on the stability of the daily candle stick close below the bearish channel resistance and below 1.0180 to continue in preferring the bearish trend, but we must be aware now, hence the price begins today positively surpassing the mentioned resistance, which might cause a turn in the intraday trading to the upside.
Therefore, the bearish bias will remain valid but with monitoring the daily close according to this resistance, and the chances of turning to target 1.0365 again.
Expected trading range for today is between: 1.0035 support and 1.0270 resistance.
Expected trend for today: Bearish
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