The USDCAD pair traded with strong negativity yesterday, as it surpassed our first target at 1.3500 to confirm opening the way to extend the bearish wave on the intraday basis, reminding you that our next station is located at 1.3350.
Moving below the EMA50 supports the expected decline, while breaching 1.3500 will stop the bearish wave and lead the price to rise again.
The expected trading range for today is between 1.3350 support and 1.3490 resistance.
The expected trend for today: Bearish
Origin: Economies
