The USDCAD pair continues to fluctuate around 1.2725 level, keeping its stability below it until now, to keep the chances valid to resume the expected bearish trend for the upcoming period, which its next target located at 1.2590.
We should note that breaching 1.2725 and holding above it will stop the suggested decline and push the price to resume the bullish wave and achieve gains that start by visiting 1.2850 areas.
The expected trading range for today is between 1.2640 support and 1.2760 resistance.
The expected trend for today: Bearish