The USDCAD pair provided clear negative trades yesterday to approach our first waited target at 1.3500, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, waiting to break this level to open the way to head towards 1.3362 as a next main station.
The EMA50 supports the expected decline, which will remain valid unless the price rallied to breach 1.3612 level and hold above it.
The expected trading range for today is between 1.3430 support and 1.3600 resistance.
The expected trend for today: Bearish
Origin: Economies
