The USDCAD pair continued to decline yesterday to approach 1.3350 level, noticing that the price bounced upwards clearly to resume the expected bullish track on the intraday basis, which its targets begin by testing 1.3500 again, reminding you that breaching it will push the price to 1.3595 followed by 1.3680 levels as next positive targets.
Therefore, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50 that carries the price from below, reminding you that it is important to hold above 1.3350 to continue the expected rise.
The expected trading range for today is between 1.3370 support and 1.3520 resistance.
The expected trend for today: Bullish
Origin: Economies
