The USDCAD pair shows slight negative trades by today’s open to test the EMA50, affected by stochastic negativity, noting that the positive effect of the double bottom pattern still active, to keep our bullish overview that its next main target located at 1.3362.
We remind you that breaking 1.3110 will put the price under negative pressure that will push the price back to the main bearish track again.
The expected trading range for today is between 1.3110 support and 1.3260 resistance.
The expected trend for today: Bullish
Origin: Economies
