The USDCAD pair started today with new negativity to move away from the broken support of the bullish channel, reinforcing the expectations of continuing the domination of the bearish trend, reminding you that we are waiting to visit 1.3500 as a next main target.
The EMA50 supports the expected decline, as it forms continuous negative pressure against the price, reminding you that the continuation of the bearish wave requires holding below 1.3680.
The expected trading range for today is between 1.3640 support and 1.3670 resistance.
The expected trend for today: Bearish
Origin: Economies