The USDCAD pair shows sideways trades since yesterday, settling around 1.3560 level, and continues to move inside the bullish channel that supports the chances of continuing the bullish trend on the intraday and short-term basis, waiting to visit 1.3600 followed by 1.3665 levels mainly.
On the other hand, we should note that breaking 1.3510 will push the price out of the bullish channel to open the way to achieve bearish correction for the rise that started from 1.3178 areas.
The expected trading range for today is between 1.3500 support and 1.3640 resistance.
The expected trend for today: Bullish
Origin: Economies
