USD CAD stops at the psychological barrier 13/11/2012
Economies.com
2012-11-13 05:44AM UTC
The pair’s trading stopped at the psychological barrier 1.0000 below the critical resistance level 1.0030, while stochastic is offering clear negative signals on the daily time frame.
Therefore, we are continuing in our scenario of the expected bearish trend on the intraday and short term basis which remains valid unless 1.0030 was breached.
Expected trading range for today is between: 0.9800 support and 1.0100 resistance.
Expected trend for today: Bearish.
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