The USDCAD pair bounced upwards clearly after testing 1.3500 in the previous sessions, as it reached our first waited target at 1.3615, to resume the expected bullish trend on the intraday basis, which its next target reaches 1.3680.
Stochastic current negativity might cause some temporary sideways fluctuation before resuming the expected rise, noting that breaking 1.3500 will stop the bullish trend and push the price to turn to decline.
The expected trading range for today is between 1.3520 support and 1.3660 resistance.
The expected trend for today: Bullish
Origin: Economies
