The USDCAD pair resumed its negative trading to manage to break 1.3350 and hold below it, reinforcing the expectations of continuing the domination of the bearish trend in the upcoming period, opening the way to head towards the next target that extends to 1.3255.
The EMA50 continues to support the suggested bearish wave, which will remain valid unless breaching 1.3350 followed by 1.3420 and holding above them.
The expected trading range for today is between 1.3265 support and 1.3400 resistance.
The expected trend for today: Bearish
Origin: Economies
