The EURCAD price succeeded to break the support at 1.4593 in the last period trading, reinforcing the bearish bias domination by recording 1.4519 level, the repeated stability within the bearish channel levels besides providing a new negative momentum by stochastic by reaching the oversold level, which form supported factors to the bearish scenario, to keep waiting for recording new negative targets by reaching 1.4436 and 1.4285.
The expected trading range for today is between 1.4550 and 1.4436
The expected trend for today: Bearish