USDCAD finds solid support – Analysis - 10-07-2018
Economies.com
2018-07-10 03:50AM UTC
The USDCAD pair fluctuates around the bullish channel’s support line that appears on the chart, as it finds difficulty to break it, to test the key resistance 1.3128 now.
As long as the price is below the mentioned resistance, our bearish overview will remain active for the upcoming period, as breaching this level will push the price to achieve gains that start at 1.3200 and extend to 1.3382, while the price needs to break 1.3040 to ease the mission of heading towards our main waited target at 1.2923.
Expected trading range for today is between 1.3020 support and 1.3200 resistance.
Expected trend for today: Bearish
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