USDCAD suffers sharp losses – Analysis - 28-01-2019

2019-01-28 05:08:29 GMT (Economies.com)
USDCAD suffers sharp losses – Analysis - 28-01-2019
 

The USDCAD pair faced strong negative pressure after confirming breaking 1.3315 level, to achieve the first expected negative target of the break at 1.3200, starting today with more bearish bias to hint that the way is open to visit 1.3128 in the upcoming sessions.

 

Therefore, the bearish trend will be suggested for today unless breaching 1.3300 level and holding above it.

 

Expected trading range for today is between 1.3128 support and 1.3280 resistance.

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1265
0.0047
0.4154%
1.2684
0.0101
0.8031%
15.254
0.386
2.596%
54.727
2.218
4.224%
62.64
0.80
1.29%
1379.600
38.320
2.857%
 
 
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