The USDCAD pair bounced upwards clearly yesterday, as it returned to settle above 1.3350 level, which reactivates the bullish trend scenario on the intraday basis, to head towards visiting 1.3500 areas as a next main station.
Therefore, we expect to witness additional positive trades in the upcoming sessions, supported by the EMA50 that carries the price from below, noting that it is important to hold above 1.3350 to achieve the waited targets.
The expected trading range for today is between 1.3330 support and 1.3460 resistance.
The expected trend for today: Bullish
Origin: Economies
