The USDCAD pair keeps its stability below 1.3310 level, keeping the negative pressure valid until now, supported by the negative pressure provided by the EMA50, besides the negative signals that appear through stochastic.
Therefore, we will keep our bearish overview that its next main target located at 1.2985, unless breaching 1.3310 level and holding with a daily close above it.
Expected trading range for today is between 1.3150 support and 1.3310 resistance.
Expected trend for today: Bearish