The USDCAD pair succeeded to breach 1.2475 and closed the daily candlestick above it, which supports the continuation of our bullish overview efficiently for the upcoming period, supported by the EMA50, and the way is open to head towards our next main target at 1.2590.
Holding above 1.2475 is important to continue the expected rise, as breaking it will press on the price to decline and test 1.2365 areas before any new attempt to rise.
The expected trading range for today is between 1.2460 support and 1.2600 resistance.
The expected trend for today: Bullish
Origin: Economies
