The USDCAD pair managed to breach 1.3350 and closed the daily candlestick above it, which supports the continuation of the expected bullish trend scenario efficiently for the upcoming period, opening the way to achieve our positive targets that start at 1.3400 followed by 1.3500.
The technical indicators support the continuation of the suggested bullish wave, and the price needs to consolidate above 1.3350 to guarantee achieving the waited targets, as breaking it represents negative factor that will push the price to decline again.
The expected trading range for today is between 1.3320 support and 1.3450 resistance.
The expected trend for today: Bullish
Origin: Economies
