The USDCAD pair shows some slight bearish bias to head towards potential test to the key support 1.3500, affected by stochastic negativity, waiting to gather positive momentum that assist to push the price to resume the main bullish trend, which its next target located at 1.3600.
Therefore, the positive scenario will remain valid and active for the upcoming period, noting that breaking 1.3500 followed by 1.3470 levels will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 1.3450 support and 1.3590 resistance.
The expected trend for today: Bullish
Origin: Economies
