The USDCAD pair traded with clear positivity yesterday to surpass the first target at 1.3280 and approach the second target at 1.3350, and the way seems open to surpass this level to achieve additional gains that extend to 1.3500 on the near-term basis.
Therefore, we expect to witness more rise in the upcoming sessions, noting that failing to breach 1.3205 will push the price to rebound bearishly and resume the bearish track again.
The expected trading range for today is between 1.3280 support and 1.3400 resistance.
The expected trend for today: Bullish
Origin: Economies
