17.08.2018
USDCAD
The pair may fall today as the Canada consumer inflation data is expected to be favorable. Also the pair is supported locally by the oil prices trying to resume growth.
The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is above the level of 50% and is signaling to sell. Stoch indicate the same.
Trading recommendations:
If the price passes 1.13140, it may go further down to 1.3080.
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