USDCAD breaks the support – Analysis - 29-08-2018
Economies.com
2018-08-29 05:18AM UTC
The USDCAD pair begins today’s trading with more decline to break 1.2923 level and attempts to settle below it, which supports the continuation of our bearish overview efficiently, reminding you that our next targets located at 1.2800 followed by 1.2717.
The EMA50 keeps supporting the suggested bearish wave, noting that holding below 1.2923 represents the first condition to continue the expected decline.
Expected trading range for today is between 1.2830 support and 1.2980 resistance.
Expected trend for today: Bearish
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