The USDCAD price found solid support at 1.3800$, to rebound upwards clearly and return to the bullish channel again, on its way to resume the main bullish trend, and we suggest targeting 1.3900$ followed by 1.3977$ levels as next positive stations.
Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 1.3845$ will put the price under new bearish correction pressure on the intraday basis.
The expected trading range for today is between 1.3800$ support and 1.3940$ resistance.
Trend forecast: Bullish
Origin: Economies
