The USDCAD pair hovers around the EMA50 since yesterday, and stochastic continues to move at the overbought areas, waiting to resume the recently suggested bearish wave, which depends on the price stability below 1.3382, reminding you that our main targets begin by breaking 1.3250 to confirm heading towards 1.3128 as a next main station.
The expected trading range for today is between 1.3250 support and 1.3400 resistance.
The expected trend for today: Bearish