The USDCAD pair provided clear positive trades yesterday to reach 1.3440 areas, reinforcing the expectations to rise on the intraday basis, waiting to visit 1.3500 as a next main target.
Stochastic negativity pushes the price to achieve some temporary decline, while the EMA50 provides positive support that reinforces the chances of continuing the expected bullish trend, reminding you that it is important to hold above 1.3350 to achieve the waited targets.
The expected trading range for today is between 1.3310 support and 1.3450 resistance.
The expected trend for today: Bullish
Origin: Economies
