USDCAD below the resistance – Analysis - 31-12-2018

2018-12-31 04:57:09 GMT (Economies.com)
 

The USDCAD pair keeps its stability below the bullish channel’s resistance, to keep the bearish trend scenario active for the upcoming period, which targets visiting 1.3455 mainly.

 

Breaking 1.3610 will ease the mission of achieving the mentioned target, while breaching 1.3655 will stop the expected decline and lead the price to continue the general rise.

 

Expected trading range for today is between 1.3550 support and 1.3670 resistance.

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1061
0.0036
0.3302%
1.3138
0.0225
1.7389%
Tadawul
7905.51
34.31
0.44%
16.572
-0.440
2.583%
59.110
3.875
7.016%
64.35
0.95
1.50%
1459.845
-4.235
0.289%
 
 
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