USDCAD Price Analysis
Expected Scenario
The USDCAD price shows some slight bearish bias to move at 1.3750$, and stochastic continues to move at the oversold areas, while the EMA50 provides the positive support to the price.
Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, which depends on the price stability above 1.3690$, reminding you that our main waited target reaches 1.3845$.
Expected Trading Range
Between 1.3690$ support and 1.3830$ resistance
Trend Forecast: Bullish
Origin: Economies
