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Technical Analysis
Video | Market Technical | Solid ECN
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[QUOTE="SOLIDECN, post: 215716, member: 80239"] [JUSTIFY][B]USDCAD tests the resistance[/B] The USDCAD pair traded positively on last Friday to test the key resistance 1.3680, keeping its stability below it until now, to keep the bearish trend scenario valid for the upcoming period, supported by stochastic loss to the positive momentum, waiting to head towards 1.3500 mainly. On the other hand, we should note that breaching 1.3680 will push the price to turn to rise and achieve gains that start at 1.38. [img]https://i.ibb.co/61RS2H9/uscad.png[/img] The expected trading range for today is between 1.3580 support and 1.3720 resistance, and the expected trend for today is [B]Bearish[/B].[/JUSTIFY] [/QUOTE]
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