The USDCAD keeps pressing negatively – Analysis - 18-12-2019
Economies.com
2019-12-18 05:49AM UTC
The USDCAD pair keeps fluctuating near 1.3155 level and attempts to break it, getting a continuous support from the EMA50 that keeps pressing negatively on the price, to keep our bearish trend expectations that target 1.3015 levels mainly, reminding you that the continuation of the bearish wave is conditioned by holding below 1.3240 and the most important below 1.3295.
The expected trading range for today is between 1.3080 support and 1.3220 resistance.
The expected trend for today: Bearish
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