The USDCAD price provided negative trades yesterday to test 1.3700$ barrier, to support the continuation of the expected correctional bearish trend for the upcoming period, which its next target located at 1.3650$.
The EMA50 continues to support the suggested bearish wave, which will remain valid unless the price rallied to breach 1.3765$ and hold above it.
The expected trading range for today is between 1.3650$ support and 1.3770$ resistance.
Trend forecast: Bearish
Origin: Economies
