20.09.2018
USDCAD
The pair is under pressure due to the decreasing tension around the US-China trade war and the resumed growth of the crude oil prices.
The price is below the middle Bollinger line, below SMA 5 and SMA 14. RSI is on the level of oversold zone. Stoch also there.
Trading recommendations:
If the pair goes below 1.2900, it may fall further down to 1.2815. At the same time, if it goes above 1.2935, a local growth up to 1.2985 is possible.
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