USDCAD completes the negative pattern – Analysis - 26-07-2018
Economies.com
2018-07-26 03:45AM UTC
The USDCAD pair traded with strong negativity yesterday to break 1.3060 level and closes the daily candlestick below it, to complete forming the double top pattern that appears on the chart, which stops the positive overview mentioned in our recent reports and put the price under negative pressure in the upcoming period.
Therefore, the bearish trend will be suggested for today, and the next main target is located at 1.2923, noting that the continuation of the bearish trend depends on holding below 1.3128 level.
Expected trading range for today is between 1.2950 support and 1.3200 resistance.
Expected trend for today: Bearish
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