The USDCAD price broke 1.3562$ level strongly to confirm the continuation of the correctional bearish trend domination and approach the new waited target at 1.3471$, noting that breaking this level will push the price to suffer additional losses that reach 1.3365 as a next negative station.
Holding below 1.3562$ keeps the bearish trend valid and active, as breaching it will lead the price to start recovery attempts that target testing 1.3653$ areas initially.
The expected trading range for today is between 1.3440$ support and 1.3570$ resistance.
Trend forecast: Bearish
Origin: Economies
