The USDCAD price provides more bullish bias to approach 1.3800$ barrier, and we expect the continuation of the bullish trend to test 1.3845$ that represents our next main target, noting that breaching this level will lead the price to achieve more gains on the short-term and medium-term basis.
The EMA50 supports the suggested bullish wave, which will remain valid unless breaking 1.3690 and holding above it.
The expected trading range for today is between 1.3700$ support and 1.3830$ resistance.
Trend forecast: Bullish
Origin: Economies
