The USDCAD pair provided new negative trades to test the key support 1.3500, noticing that the price consolidates above this level now, to keep the chances valid to continue the expected bullish trend on the intraday basis, which targets 1.3615 followed by 1.3680 levels mainly.
On the other hand, we should note that breaking 1.3500 will complete forming negative pattern that has negative targets that reach 1.3370 – 1.3350 areas.
The expected trading range for today is between 1.3460 support and 1.3580 resistance.
The expected trend for today: Bullish
Origin: Economies
