The USDCAD pair provided negative trades yesterday, and returns to move near the EMA50, noticing that stochastic loses its positive momentum clearly, to support the chances of resuming the expected bearish trend for the upcoming period, which its targets begin by breaking 1.2013 to head towards 1.1900 as a next main station.
In general, we will continue to suggest the bearish trend as long as 1.2095 level remains intact.
The expected trading range for today is between 1.1990 support and 1.2100 resistance.
The expected trend for today: Bearish
Origin: Economies
