USD CAD is settled 06/05/2013
Economies.com
2013-05-06 05:29AM UTC
The pair keeps the stability below the bearish channel’s resistance that appears in the chart, which keeps the expectations of the bearish trend valid and active until now, waiting for breaking 1.0035 to the downside to open the way towards 0.9880.
Breaching above 1.0120 then 1.0180 will stop the downside track expectations.
Expected trading range for today is between: 0.9960 support and 1.0180 resistance.
Expected trend for today: Bearish
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