The USDCAD pair rallied upwards strongly yesterday to move away from 1.3500 and turns to rise on the intraday basis, opening the way to achieve more gains that reach 1.3680 as a next main station.
Therefore, we expect to witness more bullish bias in the upcoming sessions, supported by the EMA50 that carries the price from below, noting that breaking 1.3500 will stop the positive scenario and push the price to decline again.
The expected trading range for today is between 1.3550 support and 1.3700 resistance.
The expected trend for today: Bullish
Origin: Economies
