The USDCAD pair shows more bullish bias to approach our main waited target at 1.3680, and the way seems open to surpass this level and achieve additional gains that extend to 1.3795, as the price completed forming double bottom pattern appears on the chart, to motivate the price to continue rising in the upcoming sessions.
The EMA50 supports the suggested bullish wave, noting that failing to breach 1.3680 will push the price to rebound bearishly and head to test 1.3565 and might extend to 1.3500 areas before any new attempt to rise.
The expected trading range for today is between 1.3580 support and 1.3720 resistance.
The expected trend for today: Bullish
Origin: Economies
