The USDCAD pair rallied upwards clearly yesterday to succeed achieving our first waited target at 1.2665 and breached it to settle above it, which supports the expectations of achieving more rise to head towards 1.2775 as a next positive station.
Therefore, the bullish trend scenario will remain valid for the upcoming period, noting that holding above 1.2600 represents key condition to continue the positive trades.
The expected trading range for today is between 1.2620 support and 1.2770 resistance.
The expected trend for today: Bullish
Origin: Economies
