The USDCAD price succeeded to touch the first correctional target at 1.3765$ and settles there, waiting to break this level to open the way to achieve additional bearish correction that its next target reaches 1.3650$ areas.
Moving below the EMA50 supports the continuation of the expected bearish trend, taking into consideration that failing to break 1.3765$ will stop the suggested decline and push the price to start attempts to return to the main bullish track again.
The expected trading range for today is between 1.3710$ support and 1.3830$ resistance.
Trend forecast: Bearish
Origin: Economies
