The tight range continues to dominate the USDCAD price trades, which hovers around 1.4185$ level, which keeps the bearish trend scenario valid as it is without change for the upcoming period, which gets continuous support by the EMA50, reminding you that our waited targets begin at 1.4106$ and extend to 1.3944$ in case the price succeeded to break the previous level, noting that the continuation of the bearish wave depends on the price stability below 1.4268$.

 

For more: please follow us on Telegram channel.