Resistant: 1.3200 – 1.3250 – 1.3315. Support: 1.3130-1.3010 1.3065 –
USDCAD testing support level but still limited in range trading last
week in the range 1.3130 s. d 1.3240, and now prices are middle of the
range. Intraday bias still bullish in the short-term but required
consistent transpiration above 1.3200 area to add to the momentum
bullish target area 1.3250. On the side of the nearest support under it,
look in the area, turning around 1.3130 consistently under the area can
bring prices to the neutral zone because the directions become less
obvious in the short term the possibility of testing area 1.3065.
Wednesday, September 21, 2016
USDCAD Is Stuck In A Narrow Trading Range
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