The USDCAD pair shows additional positive trades to approach our waited target at 1.3500, and the way seems open to surpass this level and open the way to achieve additional gains that reach 1.3605 followed by 1.3680 on the near-term basis.
Therefore, the bullish trend will remain suggested in the upcoming period, supported by the EMA50 that carries the price from below, taking into consideration that failing to breach 1.3500 will push the price to rebound bearishly and head to test 1.3350 areas before any new attempt to rise.
The expected trading range for today is between 1.3410 support and 1.3550 resistance.
The expected trend for today: Bullish
Origin: Economies
