The USDCAD pair bounced upwards clearly after the temporary decline that it witnessed yesterday, to surpass 1.3820 level and confirm the continuation of the bullish trend domination, waiting for more rise to visit 1.3975 that represents our next main station.
The EMA50 continues to support the price from below, reinforcing the expectations of achieving more gains in the upcoming sessions, noting that holding above 1.3780 represents initial condition to the continuation of the suggested bullish wave.
The expected trading range for today is between 1.3780 support and 1.3930 resistance.
The expected trend for today: Bullish
Origin: Economies
