The USDCAD pair found difficulty to surpass 1.3755 level, to rebound bearishly and head towards the key support 1.3680, to face contradiction between the technical indicators that makes us prefer to stay aside until we get clearer signal for the next trend, through surpassing one of the mentioned levels.
Note that breaching 1.3755 resistance will lead the price to resume the main bullish track that its next target located at 1.3845, while breaking 1.3680 support represents negative factor that will push the price to turn to decline, to head towards testing 1.3620 level initially.
The expected trading range for today is between 1.3640 support and 1.3770 resistance.
The expected trend for today: Neutral
Origin: Economies
