The USDCAD pair bounced downwards strongly yesterday to approach 1.3350 level again, waiting to break this level to open the way to achieve additional negative targets that reach 1.3280 followed by 1.3205 as next main stations.
The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 1.3440 and the most important below 1.3500.
The expected trading range for today is between 1.3300 support and 1.3440 resistance.
The expected trend for today: Bearish
Origin: Economies
