USDCAD surpasses the target – Analysis - 09-01-2019
Economies.com
2019-01-09 05:16AM UTC
The USDCAD pair succeeded to achieve our waited target at 1.3255 and surpasses it by today’s opening to open the way extend the bearish wave on the short term basis, paving the way to head towards 1.3128 that represents our next main station.
Stochastic and the EMA50 provide negative signals that support the continuation of the decline, which conditions holding below 1.3320 and the most important below 1.3382.
Expected trading range for today is between 1.3130 support and 1.3300 resistance.
Expected trend for today: Bearish
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