The USDCAD pair attempted to breach 1.3500 level in the previous sessions but it closed the daily candlestick below it, to keep the bearish trend scenario active, waiting to get negative motive that assists to push the price to achieve our main expected target at 1.3350.
Breaking 1.3470 will ease the mission of achieving the expected decline, while breaching 1.3500 represents positive factor that will push the price to recover and achieve gains that reach 1.3680.
The expected trading range for today is between 1.3410 support and 1.3550 resistance.
The expected trend for today: Bearish
Origin: Economies
