The USDCAD pair surpassed 1.2720 level and closed the daily candlestick above it, to head towards achieving expected gains in the upcoming sessions, noting that breaching 1.2770 will push the price to visit 1.2840 direct.
Therefore, the bullish bias will be expected for today, supported by moving above the EMA50, noting that breaking 1.2720 followed by 1.2665 levels will stop the suggested positive scenario and press on the price to decline again.
The expected trading range for today is between 1.2665 support and 1.2820 resistance.
The expected trend for today: Bullish
Origin: Economies
