The USDCAD pair settles below 1.3200 barrier, starting today with new bearish bias that hints the price head to resume the main bearish trend, which its targets begin at 1.3130 and extend to 1.3050.
In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 1.3286 level and holding above it.
The expected trading range for today is between 1.3100 support and 1.3250 resistance.
The expected trend for today: Bearish