The USDCAD pair hovers around 1.3500 level, keeping its stability below it until now, thus, no change to the expected bearish trend scenario for the upcoming period, which targets 1.3350 as a next main station.
Stochastic overlaps negatively to reinforce the suggested bearish trend, and the price needs to break 1.3470 to add more confirmation to head to the waited target, reminding you that it is important to hold below 1.3500 to continue the expected decline.
The expected trading range for today is between 1.3410 support and 1.3550 resistance.
The expected trend for today: Bearish
Origin: Economies
