The USDCAD pair ended yesterday with clear positivity to breach 1.3680 and settles above it, to head towards regaining the main bullish trend within the bullish channel again, on its way to achieve gains that start at 1.3755 and extend to 1.3860.
Therefore, the bullish bias will be suggested for today conditioned by the price stability above 1.3680. as breaking this level represents negative factor that will push the price to test the bullish channel’s support line around 1.3575.
The expected trading range for today is between 1.3650 support and 1.3780 resistance.
The expected trend for today: Bullish
Origin: Economies
