USDCAD pair increased its integrative price action
3/15/2018 3:22:54 PM
The USDCAD pair increased its integrative price action and stayed limited inside a slim trading range around mid-1.2905s.
Some higher move beyond 1.2967 level might keep on to provoke several new supply close to the key 1.3003 psychological mark, above which the pair appears all fixed to goal towards testing 1.3047 intermediate persistence on the way 1.3107 handle.
On the other hand, the 1.2925-1.2910 area is probable to protect the immediate weakness, which if broken could speed up the reduction towards 1.2877 level before the pair finally heads back towards retesting the 1.2805 handle.
FOREX market analysis by FxErvin.