The USDCAD pair faced negative pressure yesterday to break 1.2870 and reach 1.2780, as it broke this level and closed the daily candlestick below it, to head towards achieving more expected decline in the upcoming sessions, as the next target is located at 1.2685.

Therefore, the decline will dominate in the upcoming sessions, taking into consideration that breaching 1.2780 and holding above it might push the price to start recovery attempts that target testing 1.2870 areas initially.

The expected trading range for today is between 1.2700 support and 1.2850 resistance.

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The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0535	0.0094	0.8994%
Update: The EURUSD breaks the support
	GBP/USD	1.2293	0.0245	2.0329%

	Silver	23.157	1.801	8.433%

	Oil	81.475	7.046	9.467%
Midday update for Crude oil 02-12-2022
	Brent Oil	85.86	-1.02	1.17%

	Gold	1795.560	45.085	2.576%
Update: Gold price under the negative pressure

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