The USDCAD pair attempted to breach 1.3205 level but it bounced downwards strongly from there, to keep the bearish trend scenario active on the intraday basis, reminding you that our main targets located at 1.3128 followed by 1.3075.
The EMA50 supports the suggested bearish wave, which its continuation conditions holding below 1.3205.
The expected trading range for today is between 1.3075 support and 1.3230 resistance.
The expected trend for today: Bearish