The USDCAD pair rallied upwards strongly yesterday to touch 1.2600 barrier, reinforcing the expectations of continuing the bullish trend, which gets continuous positive support by the EMA50, reminding you that our next target is located at 1.2650.
We remind you that the continuation of the bullish wave requires holding above 1.2500 as a first condition.
The expected trading range for today is between 1.2520 support and 1.2650 resistance.
The expected trend for today: Bullish
Origin: Economies