The USDCAD price is stable – Forecast today – 10-07-2024

usd-cadThe USDCAD price didn’t show any strong move yesterday, to fluctuate around 1.3630$ level, thus, no change to the expected bearish trend for the upcoming period, which its targets begin by breaking 1.3590$ to open the way to achieve more bearish correction, which its next targets reach 1.3515$ followed by 1.3435$, reminding you that the continuation of the bearish wave depends on the price stability below 1.3690$.

The expected trading range for today is between 1.3560$ support and 1.3700$ resistance.

Trend forecast: Bearish

Origin: Economies

 

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