USDCAD under the negative pressure – Analysis - 25-10-2018
Economies.com
2018-10-25 04:11AM UTC
The USDCAD pair traded with strong negativity yesterday to break 1.3060 level and settles below it, which pushes the price towards more expected decline in the upcoming period, targeting testing 1.2923 level mainly.
Breaking 1.2995 will confirm heading towards the above mentioned target, while breaching 1.3050 will stop the expected decline and push the price to visit 1.3128 level initially.
Expected trading range for today is between 1.2930 support and 1.3100 resistance.
Expected trend for today: Bearish
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