Forex World - Resistant: 1.3090 – 1.3130 – 1.3200. Support: 1.3040-1.3000 – 1.2920
USDCAD experiencing bearish pressure yesterday and grabbed the bottom
while at 1.3000. Intraday bias is still bearish in the short-term test
1.3040 area, transpiration is consistent and daily closures under the
area should be able to open up opportunities for further decline in the
target area 1.2920. On the side of it, look in the nearest area
Resistant 1.3090. turn the level above is consistently able to bring the
price into the neutral zone because the directions become less obvious
in the short term the possibility of testing area 1.3130.
Friday, September 23, 2016
USDCAD Is Still Potentially Bearish
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