The USDCAD pair shows negative trades to move near 1.3400 barrier, while the EMA50 keeps supporting the price from below, waiting to resume the bullish wave that its targets begin by surpassing 1.3500 to open the way to head towards 1.3595 followed by 1.3680 levels.
On the other hand, we should note that continuing the decline and breaking 1.3350 will stop the expected rise and push the price to start bearish wave on the intraday basis.
The expected trading range for today is between 1.3350 support and 1.3500 resistance.
The expected trend for today: Bullish
Origin: Economies
