The USDCAD pair resumes its negative trading now to approach 1.3200 barrier, which supports the continuation of our bearish overview in the upcoming period, reinforced by stochastic current negativity, waiting to target 1.3128 level as a next station.
We remind you that the continuation of the suggested bearish wave depends on the price stability below 1.3320 and 1.3382 levels.
Expected trading range for today is between 1.3130 support and 1.3300 resistance.
Expected trend for today: Bearish