The USDCAD pair keeps its stability above the breached resistance of the intraday bearish channel, noticing that stochastic begins to overlap positively, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 1.2778 level as a next station.
On the other hand, we should note that breaking 1.2685 will put the price under the negative pressure again, to head towards testing 1.2590 areas initially.
The expected trading range for today is between 1.2660 support and 1.2780 resistance.
The expected trend for today: Bullish
Origin: Economies
