The USDCAD price shows additional positive trades to reach 1.3800$ barrier, reinforcing the expectations of continuing the bullish trend on the intraday and short-term basis, reminding you that our first station is located at 1.3845$, which breaching it represents the key to rally towards 1.3977$ as a next positive target.
The continuation of the bullish wave depends on the price stability above 1.3690$, as breaking it will push the price to return to the correctional bearish track again, to head towards targeting 1.3590$ areas initially.
The expected trading range for today is between 1.3730$ support and 1.3860$ resistance.
Trend forecast: Bullish
Origin: Economies
