USD CAD pushes negatively 01/02/2013
Economies.com
2013-02-01 06:16AM UTC
The pair traded positively yesterday’s evening moving away from 1.0030, while Stochastic shows a bearish trend on the daily time frame, these factors make us prefer witnessing bearish bias for today, targeting mainly 0.9885 and followed by the break attempt in order to open the way for turning back to the main bearish trend scenario.
Breaking below 0.9925 represents the key for achieving the suggested bearishness.
Expected trading range for today is between: 0.9800 support and 1.0030 resistance.
Expected trend for today: Bearish
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