USDCAD surpasses the first target – Analysis - 22-05-2018
Economies.com
2018-05-22 01:12AM UTC
The USDCAD pair managed to achieve our first target at 1.2800 and moves below it now, opening the way to head towards our next target at 1.2717, reinforcing the expectations of continuing the bearish trend on the intraday basis.
Moving below the EMA50 supports the expected decline, which its continuation conditions holding below 1.2825 and the most important below 1.2929.
Expected trading range for today is between 1.2680 support and 1.2840 resistance.
Expected trend for today: Bearish
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