USD CAD remains calm 23/11/2012

2012-11-23 05:38:41 GMT (Economies.com)
 

The quiet trading dominated the pair’s trading yesterday, which remains limited within the rising wedge shown at the image; this pattern supports the general expectation of the bearish trend.

 

Note that breaching 0.9915 will activate the bearish wave which mainly targets 0.9885 followed by 0.9800 for today.

 

Expected trading range for today is between: 0.9800 support and 1.0030 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2062
0.0009
0.0780%
1.3894
0.0000
0.0025%
Tadawul
10228.35
-26.53
0.26%
27.304
0.785
2.960%
64.820
0.910
1.424%
68.18
-0.77
1.12%
1814.270
24.685
1.379%
 
 
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