The USDCAD pair touched 1.3900 barrier, and bounced downwards clearly from there, to head towards achieving expected decline on the intraday basis, targeting visiting 1.3780 followed by 1.3680 levels as main negative stations.
Breaking 1.3810 will ease the mission of achieving the suggested targets, while breaching 1.3900 will stop the expected decline and lead the price to resume the main bullish trend again.
The expected trading range for today is between 1.3750 support and 1.3890 resistance.
The expected trend for today: Bearish
Origin: Economies
