USDCAD keeps achieving targets – Analysis - 07-01-2019

2019-01-07 05:24:11 GMT (Economies.com)
USDCAD keeps achieving targets – Analysis - 07-01-2019
 

The USDCAD pair provided more negative trades to succeed reaching our target mentioned in our last report at 1.3382, noticing that the price begins today with clear negative pressure to break this level and settles below it, opening the way to extend the bearish wave on the short term basis, targeting heading towards 1.3255 as a next station.

 

Therefore, the bearish bias will remain dominant for today unless breaching 1.3382 level and holding above it.

 

Expected trading range for today is between 1.3250 support and 1.3420 resistance.

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1265
-0.0032
0.2802%
1.3204
-0.0015
0.1104%
15.429
-0.005
0.032%
60.010
1.141
1.938%
68.01
0.80
1.19%
1315.390
2.155
0.164%
 
 
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