The USDCAD pair resumes its positive trading clearly to approach our main waited target at 1.3220, and we expect to surpass this level and open the way to continue the rise on the intraday and short term basis, to head towards visiting 1.3330 as a next positive target.
Therefore, the bullish trend scenario will remain active for the upcoming period, organized inside the bullish channel that appears on the chart, noting that the continuation of the bullish wave requires holding above 1.3100.
The expected trading range for today is between 1.3140 support and 1.3280 resistance.
The expected trend for today: Bullish
Origin: Economies
