The USDCAD price settles below 1.3765$ level, and begins to prepare to resume the correctional bearish wave, supported by the EMA50, waiting to visit 1.3650$ as a next correctional station.
Therefore, the bearish trend will remain valid and active for the upcoming period, noting that breaching 1.3765$ will stop the expected decline and lead the price to regain the main bullish trend again.
The expected trading range for today is between 1.3650$ support and 1.3790$ resistance.
Trend forecast: Bearish
Origin: Economies
