USD CAD needs to break 08/05/2013
Economies.com
2013-05-08 05:08AM UTC
The pair finds solid support at 1.0035, where breaking below this level represents the confirmation key of the continuation of the bearish trend, which its next targets are located around 0.9880.
EMA50 supports our expectations, accompanied with Stochastic curving to the downside to reinforce the chances of achieving the suggested decline.
Expected trading range for today is between: 0.9900 support and 1.0145 resistance.
Expected trend for today: Bearish
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