The USDCAD pair resumed its positive trading clearly to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, and the way is open to achieve our first waited target at 1.3600.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1.3505 and holding with a daily close below it.
The expected trading range for today is between 1.3480 support and 1.3620 resistance.
The expected trend for today: Bullish
Origin: Economies
