The USDCAD pair bounced upwards strongly after testing the EMA50 in the previous sessions, to resume the bullish track and head towards achieving more gains on the intraday and short-term basis, reminding you that our next target is located at 1.3680.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, which will remain valid unless breaking 1.3500 and holding below it.
The expected trading range for today is between 1.3540 support and 1.3670 resistance.
The expected trend for today: Bullish
Origin: Economies
