The USDCAD pair provided new negative trades yesterday to test 1.3260 level, to keep the negative pressure dominant on the intraday and short term basis, supported by the EMA50 that pushes the price to the downside, waiting to resume the bearish trend that targets 1.3128 level as a next station.
We remind you that holding below 1.3382 is important to continue the bearish wave.
The expected trading range for today is between 1.3200 support and 1.3380 resistance.
The expected trend for today: Bearish