The USDCAD price begins with additional positivity – Forecast today – 03-09-2024

usd_cad_2The USDCAD price opens today with clear rise to attack 1.3512$ and hint heading to achieve more gains in the upcoming sessions, making the bullish bias suggested for today, waiting to test 1.3562$ as a first station, noting that breaching this level will extend the bullish wave to reach 1.3653$ areas on the near-term basis.

Therefore, we expect to witness more rise in the upcoming sessions unless breaking 1.3471$ and holding below it.

The expected trading range for today is between 1.3470$ support and 1.3585$ resistance.

Trend forecast: Bullish

Origin: Economies

 

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