The USDCAD pair resumed its negative trading yesterday to touch the bullish channel’s support line that appears on the chart, and it finds good support there to show some slight bullish bias, waiting to get negative motive that assists to push the price to break the mentioned support and head towards our next main target at 1.3500.
Until now, the bearish trend scenario still suggested for the upcoming period as long as 1.3680 level remains intact.
The expected trading range for today is between 1.3540 support and 1.3680 resistance.
The expected trend for today: Bearish
Origin: Economies
