The USDCAD pair opens today’s trading with clear negativity to break 1.3050 level and moves below it, which supports the continuation of our bearish overview in the upcoming sessions, paving the way to head towards 1.2945 that represents our next main target.
Therefore, we will keep our bullish overview conditioned by the price stability below 1.3095 and the most important below 1.3130.
The expected trading range for today is between 1.2945 support and 1.3100 resistance.
The expected trend for today: Bearish