The USDCAD pair succeeded to achieve our waited target at 1.3350 and breached it to close the daily candlestick above it, opening the way to achieve more expected gains in the upcoming sessions, affected by the previously completed double bottom pattern, noting that our next target reaches 1.3500.
The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 1.3350.
The expected trading range for today is between 1.3300 support and 1.3445 resistance.
The expected trend for today: Bullish
Origin: Economies
