USDCAD under the negative pressure – Analysis - 20-02-2019
Economies.com
2019-02-20 05:13AM UTC
The USDCAD pair traded with strong negativity yesterday to attack 1.3205 level and settles below it now, noticing that the price completed forming triple top pattern, which puts the price under more expected negative pressure for the upcoming period, targeting 1.3128 followed by 1.3075 levels mainly.
Therefore, the bearish bias will be suggested for today unless breaching 1.3205 followed by 1.3245 levels and holding above them.
The expected trading range for today is between 1.3100 support and 1.3245 resistance.
The expected trend for today: Bearish
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