USDCAD Fell to almost one week low
10/10/2017 9:14:30 AM
The USDCAD pair came under several new selling pressure and now fell to a 4-day low during Forex market, near the 1.2525-10 area.
Bulls would be discouraged if the pair lose to protect the 1.2507 handle, below which the corrective slide could get expanded towards 1.2477-88 horizontal zone on the way1.2423 support area.
On the other hand, 1.2548 area now appears to have arisen as immediate persistence, above which the pair is probable to make a fresh effort towards reclaiming the 1.2603 handle.
FOREX market analysis by FxErvin.