The USDCAD pair settles around 1.3580 level, waiting to get negative motive that pushes the price to resume the negative trades followed by achieving our next expected target at 1.3500.
Moving below the EMA50 supports the suggested negative scenario, noting that breaching 1.3620 might push the price to test the key resistance 1.3680 before any new negative attempt.
The expected trading range for today is between 1.3510 support and 1.3640 resistance.
The expected trend for today: Bearish
Origin: Economies
