The USDCAD pair leaned on the EMA50 and bounced upwards strongly to breach 1.3680 level and settles above it again, to resume the main bullish track and head towards achieving gains that start at 1.3785 and extend to 1.3890 after surpassing the previous level.
Therefore, we are waiting for more expected rise in the upcoming sessions, organized inside the bullish channel that appears on the chart, noting that holding above 1.3680 represents major condition to achieve the suggested targets.
The expected trading range for today is between 1.3680 support and 1.3810 resistance.
The expected trend for today: Bullish
Origin: Economies
