The USDCAD pair begins to provide negative trades now, to press on the key support 1.3480, which makes us stay aside until we get clearer signal for the next trend, through breaking the mentioned support or breaching 1.3520 resistance.
Note that breaking the support will push the price to return to the bearish track and head towards 1.3400 followed by 1.3359 areas as next main stations, while breaching the resistance represents the key to resume the bullish wave that its next main target located at 1.3585.
The expected trading range for today is between 1.3410 support and 1.3560 resistance.
The expected trend for today: Neutral
Origin: Economies
