The USDCAD pair trades with clear positivity to reach the thresholds of the waited target at 1.2615, and we expect to surpass this level and achieve more gains on the intraday and short term basis, as the next target reaches 1.2700.
Therefore, the bullish bias will remain dominant in the upcoming sessions, supported by the EMA50, unless breaking 1.2500 and holding below it.
The expected trading range for today is between 1.2530 support and 1.2670 resistance.
The expected trend for today: Bullish
Origin: Economies
