The USDCAD pair settled below 1.3362, which reactivates the bearish trend scenario, which targets 1.3200 areas mainly, noting that moving below the EMA50 supports the chances of achieving more decline in the upcoming period.
Therefore, the bearish bias will be suggested for today unless the price rallied to breach 1.3362 and hold above it.
The expected trading range for today is between 1.3250 support and 1.3400 resistance.
The expected trend for today: Bearish
Origin: Economies
