The tight trach continues to dominate the USDCAD pair’s trades, and as long as the price is below 1.3240, our bearish overview will remain valid for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that our next main targets begin at 1.3035 followed by 1.2960.
The expected trading range for today is between 1.3070 support and 1.3200 resistance.
The expected trend for today: Bearish