USDCAD declines calmly – Analysis - 14-09-2018
Economies.com
2018-09-14 03:53AM UTC
The USDCAD pair hovers around 1.3000 level since yesterday, while stochastic begins to lose the positive momentum gradually, waiting to motivate the price to resume the bearish trend that targets 1.2923 level as a next main station.
The EMA50 forms continuous negative pressure against the price, to keep our bearish overview in the upcoming period unless breaching 1.3128 level and holding above it.
Expected trading range for today is between 1.2900 support and 1.3070 resistance.
Expected trend for today: Bearish
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