The USDCAD pair settles above the EMA50 that forms good support around 1.3755, to keep the bullish trend valid for the upcoming period, waiting to visit 1.3860 as a next main station.
Stochastic begins the attempts to get rid of the negative momentum, waiting to get positive motive that assist to push the price to resume the suggested rise, noting that breaking 1.3755 might push the price to decline towards 1.3680 before any new attempt to rise.
The expected trading range for today is between 1.3720 support and 1.3850 resistance.
The expected trend for today: Bullish
Origin: Economies
