USDCAD under the negative pressure – Analysis - 12-09-2018
Economies.com
2018-09-12 04:17AM UTC
The USDCAD pair traded with strong negativity yesterday to break the key support 1.3095 and settles below it, which stops the recently suggested positive scenario and put the price under the negative pressure again, targeting 1.3000 followed by 1.2923 levels as next main stations.
Therefore, the bearish bias will be suggested for today unless breaching 1.3128 level and holding above it.
Expected trading range for today is between 1.2980 support and 1.3040 resistance.
Expected trend for today: Bearish
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