The USDCAD pair provided additional positive trades to reach few pips away from our waited target at 1.3680, noticing that stochastic gathers new positive momentum now, waiting to motivate the price to resume the expected bullish trend on the intraday and short-term basis, which its next target reaches 1.3760.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that failing to breach 1.3680 will put the price under negative pressure that its targets begin by testing 1.3545 followed by 1.3500 areas.
The expected trading range for today is between 1.3580 support and 1.3720 resistance.
The expected trend for today: Bullish
Origin: Economies
