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USD CAD provides negative close 03/01/2013

2013-01-03 05:43:03 GMT (Economies.com)
USD CAD provides negative close 03/01/2013
 

The pair accomplished a daily close below 0.9885 to support our bearish trend expectations, while stochastic offers signals for the bearish trend that reinforce the chances of heading towards achieving our targets starting at 0.9800 followed by 0.9700

 

Breaking below 0.9825 will offer a strong negative motive that eases the price mission of achieving the waited targets.

 

Expected trading range for today is between: 0.9700 support and 0.9910 resistance.

 

Expected trend for today: Bearish

 

 
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