The USDCAD pair approached 1.3220 level and bounced downwards clearly from there, to head towards expected visit to the key support 1.3060, to suggest the continuation of the bearish bias in the upcoming sessions.
Breaking 1.3110 will ease the mission of achieving the expected target, noting that breaking 1.3060 will press on the price to achieve more decline on the intraday and short term basis.
The expected trading range for today is between 1.3060 support and 1.3190 resistance.
The expected trend for today: Bearish
Origin: Economies
