USD CAD negotiates the support 25/07/2013

Economies.com
2013-07-25 00:18AM UTC

The pair remains stable above the upside channel’s support line at 1.0295 after an attempt to break it, while EMA50 forms an intraday resistance barrier at 1.0345, which makes us need a confirmed breach to one of the mentioned levels to get clearer signals for the next trend.

 

Expected trading range for today is between: 1.0130 support and 1.0440 resistance.

 

Expected trend for today: Neutral

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