USDCAD keeps its negative stability – Analysis - 20-06-2017
Economies.com
2017-06-20 01:36AM UTC
The USDCAD pair trading settles below 1.3310 level, and the price shows slight bearish bias in its way towards our next main target at 1.2985.
Therefore, we will keep preferring the bearish trend in the upcoming sessions supported by the negative pressure that comes from the EMA50, being aware that breaching 1.3310 will stop the suggested bearish bias and leads the price to achieve positive targets that begin by testing 1.3460 level.
Expected trading range for today is between 1.3100 support and 1.3310 resistance.
Expected trend for today: Bearish
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