The USDCAD shows mixed trades – Analysis - 15-07-2020
Economies.com
2020-07-15 04:19AM UTC
The USDCAD pair continues to fluctuate around 1.3612, as it closed yesterday at this level, while starts today with bearish bias to attempt to press negatively on the mentioned level.
Therefore, we will continue with our neutrality until the price confirms its situation according to this level, reminding you that the price stability below it will reactivate the bearish trend scenario that targets 1.3500 followed by 1.3362 levels as next main stations, while confirming breaching it will open the way to achieve new rises that reach 1.3700 followed by 1.3813.
The expected trading range for today is between 1.3530 support and 1.3680 resistance.
The expected trend for today: Neutral
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