The USDCAD tests the moving average – Analysis - 15-03-2019
Economies.com
2019-03-15 04:53AM UTC
The USDCAD pair tested the EMA50 and bounced bearishly from there, to keep the bearish trend active until now, supported by the negative signal provided by stochastic, reminding you that our waited targets begin at 1.3260 followed by 1.3128.
Holding below 1.3382 is important to continue the suggested bearish wave, as breaching it will stop the current negative pressure and lead the price to start new recovery attempts.
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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