The USDCAD price trades negatively to reach the thresholds of 1.3590$ level, waiting to break this level to activate the negative effect of the double top pattern that its signs appear on the chart and open the way to continue the correctional bearish trend, which its next targets reach 1.3515$ followed by 1.3435$.
Holding below 1.3690$ represents major condition to the continuation of the expected decline, as breaching it will lead the price to be released from the current negative pressure and head to regain the main bullish trend again.
The expected trading range for today is between 1.3550$ support and 1.3680$ resistance.
Trend forecast: Bearish
Origin: Economies
