The USDCAD pair showed new test to 1.3382 resistance level and kept its stability below it, to start providing negative trading today, hinting the price head to resume the expected main bearish trend for the upcoming period, to keep our negative overview that its main targets begin at 1.3220.
Stochastic provides negative overlapping signal now that supports the expectations to decline, which its continuation conditions holding below 1.3382.
The expected trading range for today is between 1.3280 support and 1.3400 resistance.
The expected trend for today: Bearish