USD CAD resumes the decline 15/08/2013

Economies.com
2013-08-15 05:28AM UTC

The pair remained stable above the broken upside channel’s support line, to keep the bearish trend valid and active, waiting for our main target at 1.0170

 

EMA50 supports our negative expectations which remain valid conditioned by stability above below 1.0360

 

Expected trading range for today is between: 1.0170 support and 1.0400 resistance.

 

Expected trend for today: Bearish

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