The USDCAD pair fluctuates around 1.3060 level and keeps its stability below it, to keep the effect of this pattern valid until now, noticing that stochastic begins to provide negative signals on the daily time frame, to support the chances of resuming the decline in the upcoming sessions.
Therefore, we will continue to suggest the bearish trend for today conditioned by the price stability below 1.3128, reminding you that our waited targets begin at 1.2923 and extend to 1.2800.
Expected trading range for today is between 1.2950 support and 1.3128 resistance.
Expected trend for today: Bearish