The USDCAD pair broke 1.3680 level clearly and closed last Friday below it, to turn to decline and start bearish wave that targets visiting 1.3585 followed by 1.3500 areas mainly.
Therefore, the bearish bias will be suggested for today, and breaking 1.3635 will ease the mission of achieving the expected targets, while breaching 1.3680 will stop the current negative pressure and lead the price to recover again.
The expected trading range for today is between 1.3570 support and 1.3700 resistance.
The expected trend for today: Bearish
Origin: Economies
