The USDCAD price faced negative pressure yesterday to break 1.3765$ level and settle below it, to start bearish correction for the rise that started from 1.3420$ areas, on its way to test 1.3740$ followed by 1.3680$ levels as next negative stations.
Therefore, we expect to witness more decline in the upcoming sessions, noting that breaching 1.3775$ will stop the negative scenario and lead the price to resume the main bullish track again.
The expected trading range for today is between 1.3680$ support and 1.3810$ resistance
Trend forecast: Bearish
Origin: Economies
