The USDCAD pair traded with strong negativity in the previous sessions to succeed reaching our waited target at 1.3350, and we suggest surpassing this level to achieve more decline that its next main target reaches 1.3205.
Therefore, the bearish trend scenario will remain valid and active, supported by the negative pressure formed by the EMA50, noting that failing to break 1.3350 will push the price to test 1.3500 areas again before any new attempt to decline.
The expected trading range for today is between 1.3290 support and 1.3440 resistance.
The expected trend for today: Bearish