USDCAD under the negative pressure – Analysis - 29-06-2018
Economies.com
2018-06-29 03:40AM UTC
The USDCAD pair bounced downwards strongly yesterday to break 1.3260 level and settles below it, which pushes the price to achieve more expected decline in the upcoming sessions, targeting testing 1.3128 level before any new attempt to rise.
Therefore, the bearish bias will be expected for today unless the price managed to surpass 1.3260 level and hold above it again.
Expected trading range for today is between 1.3128 support and 1.3300 resistance.
Expected trend for today: Bearish
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