The USDCAD pair attempted to breach 1.3500 level but it ended yesterday below it, to keep the bearish trend scenario active, waiting for more decline to head towards 1.3350 that represents our next main target.
Moving below the EMA50 supports the expected bearish trend, while breaching 1.3500 represents positive factor that will push the price to achieve gains that start by visiting 1.3680 areas.
The expected trading range for today is between 1.3370 support and 1.3510 resistance.
The expected trend for today: Bearish
Origin: Economies