The CADCHF pair ended the correctional bullish rebound by consolidating below 0.6990 level, to start reacting to the negativity of the major indicators by forming strong negative attack and settle near 0.6780.
Now, stochastic crawl towards the oversold areas increases the chances of gathering the additional negative momentum, to keep our negative overview until reaching the negative stations at 0.6730 and 0.6670.
The expected trading range for today is between 0.6825 and 0.6730
The expected trend for today: Bearish