The USDCAD pair returned to test the key support 1.3205 and keeps its stability above it, accompanied by witnessing clear positive signals through stochastic now, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which targets 1.3350 as a next main station.
Breaching 1.3260 will ease the mission of achieving the suggested targets, while breaking 1.3205 represents negative factor that will push the price to resume the bearish wave on the short term basis.
The expected trading range for today is between 1.3180 support and 1.3300 resistance.
The expected trend for today: Bullish
Origin: Economies
