The USDCAD pair managed to reach 1.3350 level, and attempted to breach it but it couldn’t hold above it until now, waiting to get positive motive that assist to push the price to confirm the breach and open the way to rally towards 1.3500 as a next positive target.
Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that the consolidation of 1.3350 against the positive attempts will stop the positive scenario and force the price to decline again.
The expected trading range for today is between 1.3290 support and 1.3420 resistance.
The expected trend for today: Bullish
Origin: Economies
