The USDCAD below the moving average – Analysis - 11-04-2019
Economies.com
2019-04-11 04:23AM UTC
The USDCAD pair provided negative trades yesterday after breaching the EMA50, and the price returns to move around this level, as it is affected by stochastic positivity, but as long as the price is below 1.3382, our bearish overview will remain valid for the upcoming period, waiting to head towards 1.3220 followed by 1.3128 levels that represent our next main targets.
The expected trading range for today is between 1.3260 support and 1.3400 resistance.
The expected trend for today: Bearish
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