USDCAD tests the moving average – Analysis - 18-09-2018

Economies.com
2018-09-18 03:44AM UTC

The USDCAD pair fluctuates at the EMA50 and keeps its stability below it, while stochastic loses its positive momentum again, to keep the chances valid to resume the recently suggested bearish trend scenario, which depends on the price stability below 1.3128, while its next main target located at 1.2923.

 

Expected trading range for today is between 1.2950 support and 1.3128 resistance.

 

Expected trend for today: Bearish

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