The USDCAD pair continues to fluctuate around the key resistance 1.3128, which represents one of the trend keys besides 1.3050 support, and as we mentioned in our recent reports, the price needs to breach one of these levels to detect its next destination clearly.
Therefore, we will continue with our neutrality until now, reminding you that breaching the mentioned resistance will push the price towards 1.3200 followed by 1.3382 levels on the near term basis, while breaking the support will push the price to test 1.2922 level initially.
Expected trading range for today is between 1.3050 support and 1.3200 resistance.
Expected trend for today: Neutral