The EURCAD formed a bullish correctional rebound to settle near 1.4715, affected by stochastic positivity, which is located near 50 level, reminding you that the stability of the trading generally within the bearish channel’s levels and the continuation of forming an extra resistance at 1.4780 level makes us keep our bearish suggestion, which targets 1.4600 level initially reaching to the support at 1.4500 in the upcoming period trading.
The expected trading range for today is between 1.4755 and 1.4600
The expected trend for today: Bearish