The USDCAD resumes the decline – Analysis - 15-04-2019
Economies.com
2019-04-15 04:27AM UTC
The USDCAD pair bounced downwards clearly on last Friday after testing 1.3382 level, to resume its expected bearish track on the intraday and short term basis, on its way to achieve our first main target at 1.3220.
Therefore, our bearish overview will remain active for today supported by moving below the EMA50, reminding you that it is important to hold below 1.3382 to continue the expected decline.
The expected trading range for today is between 1.3220 support and 1.3380 resistance.
The expected trend for today: Bearish
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