The USDCAD pair rallied upwards strongly yesterday, and reaches our extended target at 1.2700 now, and the way is open to achieve more expected gains on the intraday and short term basis, noting that our next station is located at 1.2805.
Therefore, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50, noting that the continuation of the bullish wave depends on the price stability above 1.2615.
The expected trading range for today is between 1.2630 support and 1.2760 resistance.
The expected trend for today: Bullish
Origin: Economies
