USDCAD begins negatively – Analysis - 30-01-2019

2019-01-30 05:20:59 GMT (Economies.com)
USDCAD begins negatively – Analysis - 30-01-2019
 

The USDCAD pair begins today’s trading with bearish bias after testing the EMA50 in the previous sessions, which supports the continuation of our bearish overview on the intraday and short term basis, reminding you that our next main target is located at 1.3128.

 

Note that breaching 1.3300 will stop the expected decline and lead the price to test 1.3382 level initially.

 

Expected trading range for today is between 1.3160 support and 1.3320 resistance.

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1266
0.0048
0.4314%
1.2686
0.0103
0.8221%
15.262
0.394
2.650%
54.727
2.218
4.224%
62.64
0.80
1.29%
1380.285
39.005
2.908%
 
 
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