The USDCAD pair succeeded to achieve our first waited target at 1.3595 and found solid resistance there, to rebound downwards clearly and approach testing the key support 1.3500, noticing that the technical indicators provide positive signals that we expect to assist to push the price to rise again.
Therefore, the bullish trend will remain valid and active until now, reminding you that our next target extends to 1.3680, while breaking 1.3500 will stop the positive scenario and push the price to turn to decline.
The expected trading range for today is between 1.3450 support and 1.3600 resistance.
The expected trend for today: Bullish
Origin: Economies
