The USDCAD pair fluctuates within sideways track since yesterday, noticing that the price begins today with clear negativity to approach the intraday bullish channel’s support line, reinforcing the chances of continuing the expected bearish trend for the upcoming period, which its targets begin at 1.3560 and extend to 1.3500.
Stochastic provides negative signals that support the continuation of the expected decline, reminding you that the continuation of the bearish wave conditions holding below 1680.
The expected trading range for today is between 1.3510 support and 1.3650 resistance.
The expected trend for today: Overall bearish
Origin: Economies
