The USDCAD pair shows sideways trades since yesterday, settling below the broken neckline of the double top pattern, to keep the bearish trend scenario active for the upcoming period, waiting to visit 1.3350 mainly.
Breaking 1.3450 will ease the mission to achieve the expected decline, which will remain valid unless the price rallied to breach 1.3500 and hold above it.
The expected trading range for today is between 1.3390 support and 1.3520 resistance.
The expected trend for today: Bearish
Origin: Economies
