The USDCAD pair fluctuates within sideways track in the previous sessions, and leaned on the EMA50 to start rising again, waiting to head towards our main expected target at 1.3975, supported by stochastic positivity.
Therefore, the bullish trend scenario will remain valid and active on the intraday basis, noting that breaking 1.3755 will put the price under negative pressure that targets testing 1.3680 before any new attempt to rise.
The expected trading range for today is between 1.3760 support and 1.3900 resistance.
The expected trend for today: Bullish
Origin: Economies
