The USDCAD pair provided additional positive trades to test 1.3200 barrier, noticing that stochastic gained clear positive momentum to support the chances of resuming the main bullish trend, waiting to test 1.3220 as a next station.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, noting that breaking 1.3130 will press on the price to decline towards 1.3060 before any new positive attempt.
The expected trading range for today is between 1.3100 support and 1.3240 resistance.
The expected trend for today: Bullish
Origin: Economies
