The USDCAD pair succeeded to achieve our waited target at 1.3500, as it begins today with clear positivity to attempt to breach this level, which hints heading to continue the rise on the intraday and short term basis, noting that our next target reaches 1.3590.
Therefore, we are waiting for more bullish bias in the upcoming sessions, noting that breaking 1.3460 will stop the bullish wave and push the price to decline towards 1.3350 areas initially.
The expected trading range for today is between 1.3420 support and 1.3580 resistance.
The expected trend for today: Bullish
Origin: Economies
