The USDCAD pair rallied upwards strongly to approach our first extended target at 1.2850, reinforcing the expectations of continuing the bullish trend, noting that the next target reaches 1.2950.
The EMA50 supports the continuation of the suggested bullish wave, which will remain valid conditioned by the price stability above 1.2725.
The expected trading range for today is between 1.2750 support and 1.2880 resistance.
The expected trend for today: Bullish
Origin: Economies
