The USDCAD pair faced sudden negative pressure on last Friday to approach 1.3060 level, but it bounced bullishly to keep the bullish trend scenario active for the upcoming period, supported by the EMA50 that carries the price from below, waiting to visit 1.3220 as a next main target.
Note that holding above 1.3125 represents initial condition to continue the suggested bullish wave.
The expected trading range for today is between 1.3100 support and 1.3220 resistance.
The expected trend for today: Bullish
Origin: Economies
