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Main » 2020 » March » 20 » Foreign Exchange Market Forecast USDCAD trading decision today 03.20.2020
Foreign Exchange Market Forecast USDCAD trading decision today 03.20.2020


Technical Forecast USDCAD 20.03.2020


USDCAD pair has been falling in the wake of lowering tensions on the markets, large-scale stimulus measures by the Central Bank of the world, the weakening dollar and rising oil prices.

Price USDCAD tests midline indicator Bollinger, it is below 5 SMA and SMA 14. removals intersect thereby give a signal for sale. Relative Strength Index RSI is reduced. Stoch entered the oversold zone.




USDCAD trading decision

USDCAD pair is trading below 1.4415. We believe that the pair has a local potential drop to 1.4150



Analytics Grand Capital


Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.


Views: 16 | Added by: mik | Rating: 0.0/0
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