The USDCAD pair shows some bearish bias by today’s open to test the key support 1.3350, and as long as the price is above this level, our bullish overview will remain valid, which targets 1.3500 areas mainly.
The EMA50 supports the expected bullish trend, while breaking 1.3350 represents the key to turn to decline and build bearish wave that targets visiting 1.3285 levels initially.
The expected trading range for today is between 1.3310 support and 1.3440 resistance.
The expected trend for today: Bullish
Origin: Economies
