The USDCAD pair hovers around the broken neckline at 1.3060, showing some slight bullish bias now, but the EMA50 forms intraday resistance to protect the recently suggested negative scenario.
In general, we will continue to suggest the bearish trend in the upcoming period unless breaching 1.3128 level and holding above it, reminding you that our main waited target is located at 1.2923.
Expected trading range for today is between 1.2980 support and 1.3228 resistance.
Expected trend for today: Bearish