The USDCAD price provided additional negative trades to succeed achieving our waited target at 1.3471$, and we suggest the continuation of the negative pressure to break this level and achieve additional negative targets that extend to reach 1.3360$ areas, as stochastic begins to lose the positive momentum to support the chances of resuming the negative trades in the upcoming sessions.
On the other hand, we should note that breaching 1.3562$ will stop the expected decline and lead the price to turn to rise.
The expected trading range for today is between 1.3410$ support and 1.3530$ resistance.
Trend forecast: Bearish
Origin: Economies
