Русский
The USDCAD price resumed its negative trading strongly to approach the waited target at 1.4268$, which represents 38.2% Fibonacci correction level for the rise that appears on the chart, noting that breaking it will push the price to target 1.4106$ areas as a next main station.
Holding below 1.4470$ keeps the bearish wave valid for the upcoming period, as breaching it represents the key to return to the main bullish trend again.
The expected trading range for today is between 1.4250$ support and 1.4390$ resistance
Trend forecast: Bearish
Origin: Economies
